NY High Court: Fantasy Sports is not gambling

What is happening? The Highest Court in the State of New York ruled that Fantasy Sports is not gambling.

Why is this important? The NY Legislature passed a bill to support fantasy sports and citizens sued that it was an illegal carve out from the state’s ban on gambling.

How will this be important? “Studies showed that skilled players achieve significantly more success in IFS contests and that rosters of skilled human players were more successful in IFS contests than randomly generated lineups of over 80% of the time,” Chief Judge Janet DiFiore wrote in the 25-page majority opinion.

Courthouse News Service | Fantasy sports ekes out a win after NY high court legalizes contests