If you live in Georgia, we've got some bad news.
The attorney general of Georgia believes that DFS is considered illegal gambling under state law. This comes from a letter obtained by the Atlanta Journal-Constitution.
With Georgia reaching this conclusion they become the 8th state to do so (including Nevada, which requires a gambling license to be issued).
The letter indicates that this is the AG's "formal advice" and not an official ruling on DFS in the state. But it certainly doesn't look good for the future.
Also, a DFS regulatory bill that had advanced through the Senate committee, now appears shelved. Aka, the bill is dead at the moment.
DraftKings released the following statement, which we found via LegalSportsReport.com:
[graphiq id="4uAQCxRO1VP" title="Draftkings Inc. " width="700" height="553" url="https://w.graphiq.com/w/4uAQCxRO1VP" link="http://listings.findthecompany.com/l/21104027/Draftkings-Inc-in-Boston-MA" link_text="Draftkings Inc. | FindTheCompany"]“We are disappointed that the Georgia Lottery Corporation is seeking to bar Georgia citizens from continuing to enjoy the fantasy sports they love.There is no legal or other basis for depriving Georgians of this popular recreational activity. DFS is a legitimate business activity that has operated openly and permissibly in Georgia for years. It is the citizens of Georgia, through their elected representatives, who should decide whether they can continue to enjoy fantasy sports. DraftKings will therefore support legislation that regulates fantasy sports with thoughtful and appropriate consumer protections, and we urge Georgians to tell their elected representatives that they want to be able to continue to enjoy fantasy sports. “
