Nevada regulator rules DFS is sports betting

Likes of FanDuel and DraftKings ordered to close sites and apply for a sportsbook licence in the state

Daily fantasy sports (DFS) operators such as FanDuel and DraftKings have been forced to pull the shutters down on their Nevada-facing sites after an investigation by the state regulator ruled the activity was effectively sports betting. In a statement posted yesterday, the Nevada Gaming Control Board (NGCB) said DFS involved wagering on the collective performance…

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