Daily fantasy sports (DFS) companies FanDuel and DraftKings were dealt their first post-scandal regulatory blow on Thursday when the state of Nevada became ruled that DFS is gambling. The Nevada Gaming Control Board issued a notice that read, “Since offering DFS in Nevada is illegal without the appropriate license, all unlicensed activities must cease and desist.”

The Scandal

DFS has faced unprecedented scrutiny following the recent discovery that a DraftKings employee with access to non-public DFS data won $350,000 playing DFS on FanDuel’s site. Employees of both companies are now banned from playing on rival sites.

The First Domino?

Legalized gambling plays…

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