Meadowlands Matters: Recap of Herrick’s Fantasy Sports Outlook: Rumors, Realities and Regulation Event

Irwin Kishner was quoted on NorthJersey.com in a recap of the Sports Law Group’s “Fantasy Sports Outlook: Rumors, Realities and Regulation” event. When asked about the future of DFS, Kishner told the audience, “There are billions of dollars at stake in fantasy sports. The short answer to the question is that this is going to be taxed and regulated.” He explained that the sports leagues, media companies, financial processors, credit companies, and state and federal governments that could tax this activity are just a few of the constituencies with a vested stake in the industry’s success and therefore it was “foolhardy to declare fantasy sports illegal in whole cloth.”