Idaho AG Strikes Landmark Fantasy Sports Agreement With DraftKings and FanDuel
Two high-profile online fantasy sports franchises have reached an agreement with the Idaho Attorney General’s office to quit conducting paid contests in Idaho. The agreement, announced Monday, was with DraftKings and FanDuel, two of the nation’s biggest companies offering paid fantasy sports contests. Idaho Attorney General Lawrence Wasden said the agreement with the two companies was reached after months of negotiation.
“The concern I have is that the paid daily sports offerings provided by these companies constitute gambling under Idaho law,” said Wasden in Monday’s announcement. “My concern is that the daily fantasy sports offerings my office reviewed require participants to risk money for a cash prize contingent upon individual athletes’ collective performances in various future sporting events. As I see it, this falls within Idaho’s definition of gambling.”