In Parts 1 and 2, we discussed different gambling offenses that are prosecuted by the Federal Government and the District Attorney's offices in New York. When it comes to gambling, whether it's horse-racing or slot machines, the gaming industry is regulated at the state level. Given the different histories of each state, it is no surprise that gambling laws amongst the states range from extremely tolerant of gambling to highly regulated.
Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money or material goods. It goes without saying that gambling has a deep rooted history in this country and it is even likely that many government and law enforcement employees engage in gambling activities. In fact, legalized gambling, such as the New York State Lottery, is used to fund government agencies and critical social programs.
This year, around 33 million Americans are setting their weekly fantasy football lineups. Leagues are run amongst friends, relatives and even co-workers in their offices. However, has anyone sat down to ask whether it is legal to play fantasy football for money?