Nevada Says Fantasy Sports Must Stop Play, Seek Licenses
- State action is most direct effort yet to curb online services
- Justice Department, FBI also said looking at daily contests
Will FBI Probe Mean Game Over for Fantasy Sports?
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Daily fantasy sports pools, including those offered by FanDuel Inc. and DraftKings Inc., are gambling and need to be licensed if they want to do business in Nevada, the state’s Gaming Control Board said Thursday.
Until the companies are licensed, they can’t legally accept payments from Nevada customers, according to A.G. Burnett, chairman of the control board, which regulates betting in the state with the largest casino industry.