Major Scandal in Fantasy Sports World

By Matthew R. Macaluso of Keller Macaluso LLC

A major scandal has arisen from the multibillion-dollar weekly fantasy sports industry after a midlevel content manager from DraftKings won $350,000 on FanDuel. As a result, both companies have instituted a temporary ban on their employees participation in online fantasy sports contests from money. For more on this issue, see the following:

• Scandal Engulfs DraftKings, FanDuel Amid "Insider Trading" Allegations
• DraftKings and FanDuel Ban Employees From Fantasy Sports Contests
• Scandal Erupts in Unregulated World of Fantasy Sports
• New York Attorney General Launches Inquiry Into DraftKings, FanDuel
• Is the 'Independent" DraftKings Investigation Truly Independent? 

This post was written by Matthew R. Macaluso of Keller Macaluso LLC. If you would like to submit content or write an article for the Sports & Entertainment Law Section page, please email Rachel Beachy at rbeachy@indybar.org.