Update: According to media reports released today, the attorney general of New York ordered Draft Kings and FanDuel to stop accepting bets in their state, arguing that daily fantasy sites were games of chance, not skill. The attorney general, Eric Schneiderman, made the argument and distinction that daily fantasy sites require no skill, whereas season-long fantasy leagues are games of skill because they require an ongoing commitment and educated adjustments made to fantasy team rosters based on ongoing player performance.
If you are into fantasy sports, especially the new daily fantasy sports sites such as FanDuel(c) and DraftKings(c), you will want to
pay close attention to this story. The FBI and Justice Departments have open investigations into whether daily fantasy sports sites are illegal gambling programs. At issue is whether the sites are games of chance, which are illegal, or games of skill which are not.