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Fantasy Sports

Former congressman says DFS is "cauldron of daily betting"

The U.S. congressman who drafted the 2006 legislation used by DraftKings and FanDuel as proof of their legitimacy says is it "sheer chutzpah" for the daily fantasy sites to pretend the law makes them legal. Former Rep. Jim Leach said lawmakers had no idea daily fantasy sports would "morph into today's cauldron of daily betting." He said his anti-gambling act was supposed to stop gambling on the Internet, not promote it. In an email exchange with The Associated Press, Leach said the carve out for fantasy sports in the Unlawful Internet Gambling Enforcement Act (UIGEA) does not provide them with immunity against other federal and state laws that could limit their...