FanDuel is preparing to shut down its paid contests in Texas after state Attorney General Ken Paxton ruled that daily fantasy sports (DFS) constitute illegal gambling.
Despite the planned closure, FanDuel maintains that its games have always been legal in Texas and said that it strongly disagrees with Paxton’s recent opinion that DFS is a form of illegal gambling. The company conceded, however, that laws around fantasy sports require clarification.
Under Texas law, a game in which a player bets on the performance of [...]
