Texas Attorney General Paxton Announces Settlement with FanDuel, Leading to Shuttering of Operations in May

Mar 18, 2016

Texas Attorney General Ken Paxton has announced that Texas has reached a settlement with online daily fantasy sports site FanDuel, under which the company will stop accepting paid entries for cash prizes in the state on May 2. This agreement follows Attorney General Paxton’s January 19 opinion stating that paid online daily fantasy sports contests, like those FanDuel operates, are illegal under current Texas law.   “I commend FanDuel for responsibly and pro-actively working with us to r
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