International edition
September 26, 2020

Blumenthal sent a letter to the Department of Justice and the Federal Trade Commission this week

Connecticut senator calls for daily fantasy sports probe

Connecticut senator calls for daily fantasy sports probe
The Democratic Party Senator for Connecticut, Richard Blumenthal, has joined the growing ranks of enforcement and political figures urging a federal government investigation of the daily fantasy sports industry.
United States | 10/13/2015

The Democratic Party Senator for Connecticut, Richard Blumenthal, has joined the growing ranks of enforcement and political figures urging a federal government investigation of the daily fantasy sports industry.

S

en. Blumenthal formally called for a federal investigation into any deceptive or fraudulent practices at daily fantasy sports leagues that award pay-outs to league winners in a letter to the Department of Justice and the Federal Trade Commission this week.

His request comes on the heels of a New York Times allegation that employees of DraftKings and FanDuel used insider information to win millions of dollars on each others’ sites, in part by having access to data about which pro players other participants were choosing for their teams.

“Consumers had no foreseeable knowledge that these companies were facilitating employees’ use of proprietary data to provide themselves with an advantage when playing users on their rival site. If employees are using insider information to unfairly advantage themselves over others, this may constitute fraud regardless of any other federal or state gambling statutes,” Blumenthal stated in his letter."

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook