O'Malley Tunstall PLLC
Call 24-hours a day Free consultation No Fees Unless we Win
800-755-1987
Offices in Raleigh, North Carolina, and Eastern North Carolina

DraftKings or FanDuel Fantasy Sports

Played DraftKings or FanDuel Fantasy Sports and Lost?


The two major fantasy sports internet sites DraftKings and FanDuel have admitted that their employees have been playing and winning money at the rival sites and may have been doing so with data they obtained from their employer. Access to the data which is used by players to draft players and compete has apparently not been as controlled as the sites have lead the public to believe.

In fact within the last month both internet sites have admitted to inadvertently releasing data ahead of week three of the NFL season and a midlevel content manager at DraftKings winning over $350,000.00 at a rival site that same week.  This insider trading of data gives a player a distinct advantage over the other players and could lead to an unfair advantage in the daily fantasy sports arena.  As these sites are considered multi-billion dollar industries any advantage is significant.

New York Attorney General Eric Schneiderman declared that daily fantasy sports were considered illegal gambling in the his state on November 10, 2015; further damaging the reputation of these sites.  In a statment Schneiderman declared: "Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers," Schneiderman said. "Daily fantasy sports is neither victimless nor harmless, and it is clear that DraftKings and FanDuel are the leaders of a massive, multi-billion-dollar scheme intended to evade the law and fleece sports fans across the country. Today we have sent a clear message: not in New York and not on my watch." 

In North Carolina, our Attorney General has not yet made a public statement regarding these internet sites.  If you have Played DraftKings or FanDuel Fantasy Sports and lost and would not have played if you were aware of the unfair access to data by the companies, give us a call, we are currently investigating these and other unfair trade practice cases.

No Comments

Leave a comment
Comment Information
Contextual Contextaul Contextaul
Contextaul Contextaul Contextaul
Contextaul Contextaul Contextaul
Contextaul Contextaul Contextaul
Contextaul Contextaul Contextaul
Contextaul Contextaul Contextaul
Contextaul Contextaul Contextaul

Free Initial Consultations. No Attorney Fees Unless We Win.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Lead Counsel Rated | LC
Call 24-hours a day We’ll Come To You No Attorney Fees Unless we Win
Review Us

Raleigh Office
8300 Falls of Neuse Road, Suite 108
Raleigh, NC 27615

Toll Free: 800-755-1987
Phone: 919-277-0150
Fax: 252-641-9009
Raleigh Law Office Map

Tarboro Office
405 North Main Street
Tarboro, NC 27886

Toll Free: 800-755-1987
Phone: 252-823-2266
Fax: 252-641-9009
Tarboro Law Office Map