Yahoo said Tuesday it was halting its fantasy sports contests in New York state, joining two other operators targeted by regulators who claim the service is effectively illegal gambling.
Australia's casinos are much better resourced than pubs and clubs to implement responsible gambling practices, but there's little evidence to suggest how effective those practices really are.
New York state's Supreme Court on Monday allowed two fantasy sports websites to remain in operation while a legal battle plays out over whether they are illegal gambling enterprises or games of skill.
Internet gambling is slowly growing—but not expanding—after 2 1/2 years of online betting in the United States.
New York state investigators are looking into Yahoo's daily fantasy sports games to determine if they should be targeted for illegal gambling along with other operators, sources said Wednesday.
New York state's attorney general asked Tuesday for a court order shutting down fantasy sports websites DraftKings and FanDuel in the latest move in a legal battle over the operations.
Fantasy sports websites DraftKings and FanDuel filed lawsuits on Friday seeking to avert a shutdown ordered by New York state officials, setting up a legal showdown.
Advertising messages outlining social consequences of problem gambling tend to be more effective than those that show the loss of material possessions or money, says a new report from the University of Melbourne.
It's a condition that turns the lives of millions of Americans upside-down: addiction.
Sports betting is becoming a normal social group practice but could potentially lead to peer pressure and risky gambling behaviour.