Draftkings legal

Draftkings legal

Billion-dollar sports-gambling startups Draft Kings and FanDuel are legal because of a loophole in the law Draft Kings is a daily fantasy-sports site that allows users to bet real money on their teams, and it has raised a pile of money from venture capitalists at a valuation that exceeds $1 billion. Its competitor FanDuel is also worth more than $1 billion.