Cowlishaw: What’s next for daily fantasy sports betting in Texas?

Cowlishaw: What’s next for daily fantasy sports betting in Texas?

AndreaDFS Current News, Video0 Comments

Until a couple months ago, you couldn’t watch or listen to a sports telecast without hearing ads for Fan Duel and Draft Kings, the two most powerful daily fantasy sites that were paying out millions and collecting plenty themselves. Issues have been raised about company employees betting on games and an apparently smaller-than-expected percentage of people who actually win these daily games that are based on real football, basketball, baseball, hockey and golf contests.

Paxton acknowledged that gambling that is regulated exists in Texas in the form of the lottery, bingo and horse racing. But he added, “basically any game of chance where someone is taking a cut” is considered illegal.

The big question: Are these fantasy sites offering games of chance or skill?

A roulette wheel that comes up red or black or a numbered ping pong ball rolling down a tube — those are games of pure chance.

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