Why is Fantasy Sports betting legal and online poker not legal in many States

Gambling as a whole is undergoing major changes in America, following the Supreme Court’s 2018 decision to overturn the 1992 Professional and Amateur Sports Protection Act that banned sports betting. Fantasy Sports remained legal due to a provision in the federal Unlawful Internet Gambling Enforcement Act of 2006 that classified fantasy sports as games of skill – which were legal – and not as games of chance – which were illegal and into which real-life sports betting and online poker was lumped.

How much money is involved in fantasy sports betting?

In total, the fantasy sports market is said to be worth an estimated USD 7.22billion annually, according to the recently renamed Fantasy Sports & Gaming Association (FSGA), which represents more than 150 companies across the USA and Canada that are involved in the fantasy sports and newly legalized sports betting industries.