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”Litigious lifeline:However, Bloomberg reported that the IRS’ latest stance on daily fantasy sports is at odds with the 2007 ruling from the United States District Court for the District of New Jersey in the matter of Humphrey v Viacom. 777 X 21 Vits This court case purportedly found that such entry fees were outside the definition of a sportsbetting wager although it had focused on season-long fantasy games rather than one-off contests. cashman casino walk of fame Defective approach:Jason Robins, Chief Executive Officer for DraftKings Incorporated, reportedly used a Friday conference call with investors to proclaim that the IRS is ‘deeplyonline casino games developer flawed in its analysis’ of what actually constitutes a sportsbetting wager and that its latest stance will not be binding in court should a daily fantasy sports operator be audited. free slot machines for real money slots empire no deposit bonus codes 2022 Robins reportedly declared…“Our position continues to be, which we believe has been reaffirmed through state legislatures and courts throughout the country, that daily fantasy sports is not wagering.

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