Is Daily Fantasy Sports Gambling? IRS Now Says ‘Yes’
- Aug 21, 2020
Last week, the status quo potentially was upended when the IRS published a 10-page memorandum declaring that DFS is gambling and therefore subject to a federal tax. The memo contrasts traditional season-long fantasy sports leagues – such as the Rotisserie League baseball competition my current league launched in 1984 – to DFS, which does not tend to feature merely friends and work colleagues pooling money and then paying it all out to the most successful owners six months later.
Read More . . .

