Fantasy Online Horse Racing Competition Owes Real Dollars in Bitter Dispute Settlement

People are into all kinds of things in this world. Here’s one you probably didn’t know existed — fantasy online horse racing called “DerbyWars,” which apparently has some popularity.

Enough interest to attract some litigation at least. Because The Stronach Group (TSG) will get a minimum $500,000 settlement from the parent company of the online fantasy contest site DerbyWars after the two companies negotiated a deal approved by a federal judge June 13 that keeps a civil lawsuit from going to trial later this month.

The 18-month long United States Central District Court of California battle has been widely viewed as a test case to determine the legality of fantasy- and tournament-styled online gaming based on horse race results. Its key point centered on whether or not DerbyWars allegedly took illegal bets on TSG races without contributing anything back to the horsemen and tracks that put on the show.

First of all, you can feel better about your own life knowing that you didn’t know this was a thing. Secondly, where there are businesses, people and money, you’re gonna have the potential for disputes and litigation. When those things happen to you and your business, you want a legal jockey like Dean Sperling riding tall in the saddle and resolving YOUR matter with YOUR best interests in mind.

More on the case: