PrizePicks on Wednesday sent a letter to the California Attorney General’s Office defending its stance that fantasy sports contests are games of skill, which are legal within the state. The 47-page letter includes research from the same academic that DraftKings and FanDuel used in making their case to be able to continue operating such contests in New York.
Deputy California Attorney General Karim Kentfield is handling the review, which is being done at the request of Sen. Scott Wilk. The investigation seeks to clarify whether daily fantasy sports are considered games of chance or skill. Below is the question posted on the attorney general’s website:
Fantasy companies are not currently regulated in California'and as such are considered “gray,” meaning they are not breaking the law, but they are also not regulated or paying taxes.