Leagues and media sued over daily fantasy investments

The controversy surrounding daily fantasy websites FanDuel and DraftKings continues to grow, this time in the form of lawsuits.

Two Florida-based daily fantasy players have filed a class action lawsuit against 50 companies and individuals, according to a report from Sports Illustrated.

The defendants in the case include:

  • The National Basketball Association, Major League Baseball Ventures, National Hockey League Ventures and Major League Soccer
  • The Kraft Group (owned by New England Patriots owner Robert Kraft), Legends Hospitality (co-owned by Dallas Cowboys owner Jerry Jones and the New York Yankees), and MSG Sports and Entertainment (owned by New York Knicks owner James Dolan)
  • Turner Sports, Time Warner, NBC Sports Comcast Ventures, 21st Century Fox, Fox Sports Interactive Media
  • Visa, MasterCard and American Express
  • J.P. Morgan, Capital One Bank, Google Capital, Piton Capital and Scottish Investment Bank
  • PayPal, Paysafe and Vantiv (payment processors)
  • DraftKings, FanDuel and Jason Robins

According to the lawsuit, the aforementioned companies all performed “deceptive practices” involving illegal gambling. In regards to the NBA and MLB, specifically, the lawsuit states that the leagues were being hypocritical regarding their stance on gambling due to past incidents. Even the NBA’s President of Global Operations, Sal LaRocca, is on the FanDuel board of directors.

The lawsuit involving daily fantasy is just the latest in a line of problems for an industry that has taken the sports world by storm.

From being deemed gambling in Las Vegas to the New York State Attorney General filing a cease and desist to both DraftKings and FanDuel, things are clearly going to get more difficult for those involved before they ever become easy.

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*Featured Photo (above) credit to USA TODAY Sports