FanDuel Wants Lawsuit Citing 300YO Gambling Law Thrown Out
Summary
FanDuel is attempting to have a lawsuit dismissed that relies on the Statute of Anne, a 300-year-old law originally intended to address bankruptcy and gambling addiction. The law potentially allows gamblers to recover losses exceeding a certain amount from gambling companies. While Washington D.C.'s Attorney General supports dismissal, arguing the law is inapplicable to modern, federally-legalized sports gambling, groups like DC Gambling Recovery believe those who've lost over $25 should be reimbursed. FanDuel, along with DraftKings and BetMGM, are targeted in the complaint, but legal experts believe the lawsuit is unlikely to succeed due to the statute's outdated nature and the current legal landscape.
(Source:Gamblingnews)