How is daily fantasy sports different from sports betting?
Daily fantasy sports is believed to be legal in at least 40 states, according to the companies that promote the product.
There are big differences between daily fantasy sports and sports betting.
In sports betting, a bettor picks a team or multiple teams to win or cover a point spread. In daily fantasy sports, a user chooses athletes and enters a competition that computes a winner based on the statistics accumulated by the players in a sport.
Current status of daily fantasy sports
Daily fantasy sports is check here generally considered to be legal in about 40 states, with laws on the books in about have of those.
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States that restrict DFS
Daily fantasy sports are illegal in Iowa, Montana, Louisiana, Arizona and Washington. Nevada requires a gaming license to operate a daily fantasy sports site.
Opinions from attorneys general have emphasized the legal gray area for DFS in many states. DraftKings, FanDuel and others pulled out of Idaho, Hawaii and Alabama. FanDuel does not serve Texas, but DraftKings does.