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AG Opinion: Fantasy Sports Illegal Gaming. 4 Points to Know Now.

On Tuesday, 1.19.16, Attorney General issues opinion KP-0057 finding fantasy sports illegal gaming in Texas because it violates both the constitution and state statutes by:

  • Involving betting. Fantasy sports includes a bet, the fee fantasy sports participants pay
  • Being a game of chance. Those wagering have no control over how players perform.
  • There is a previous AG Opinion that Guides. LO-94-051 requires that to fall into the statutory exception to be a legal bet, there must be direct participation in the betting activity.
  • Your office pool is ok. As long as the house doesn’t retain funds, you’re A-OK.

 

 

AG Opinion: Fantasy Sports Illegal Gaming. 4 Points to Know Now.

On Tuesday, 1.19.16, Attorney General issues opinion KP-0057 finding fantasy sports illegal gaming in Texas because it violates both the constitution and state statutes by:

  • Involving betting. Fantasy sports includes a bet, the fee fantasy sports participants pay
  • Being a game of chance. Those wagering have no control over how players perform.
  • There is a previous AG Opinion that Guides. LO-94-051 requires that to fall into the statutory exception to be a legal bet, there must be direct participation in the betting activity.
  • Your office pool is ok. As long as the house doesn’t retain funds, you’re A-OK.