Two entertainment and sports attorneys discuss sports, sportsbetting, sports business, fantasy sports and entertainment each week.
Wednesday, October 10, 2018
NJ REGULATOR TAKES BLAME FOR FANDUEL ERROR — AND ISSUES WARNING TO OFFSHORE SPORTSBOOKS BY JOHN BRENNAN
Three weeks ago, FanDuel Sportsbook’s erroneous offering in the late stages of a Broncos-Raiders game led to a handful of sharp-eyed fans pouncing before the ridiculously favorable 750/1 odds were fixed. FanDuel’s initial refusal to pay up — most notably to one bettor at the Meadowlands Racetrack claiming to be owed $82,000 — made national news, as did the subsequent reversal a few days later.
The news cycle surrounding that incident continued to churn this week, when New Jersey Division of Gaming Enforcement Director David Rebuck responded toNJ Online Gambling‘s query during a Global Gaming Expo panel discussion in Las Vegas on Tuesday about what’s next in U.S.sports bettingexpansion.