Law & Business

The newest trend is daily fantasy sports. Taking a step back, what makes a game used in promotion not gambling?  And what, then, makes a daily fantasy sports business model not gambling? In order to use a game for promotion, the sponsor of the game must remove one of three key elements of the game: Chance Prize Consideration So, daily fantasy sports like Draft Kings and Fan Duel must be able to do that in order to run a non-gambling game. But those games also must have a set of rules and must also be run fairly, with a level playing field. Would you like to run a game in order to promote your business?  Call or send an e-mail.  914-358-6401 or anthony@vernalaw.com [display_podcast] The post Episode 15 – Games for Promotions and Daily Fantasy Sports appeared first on Verna Law, P.C. - Intellectual Property Law Firm, Westchester County, New York.