[LargeWu]

A patchwork regulatory framework. Take a look at what's going on with online poker. Any poker site that wants to operate in a state that allows it has to comply with that state's regulatory framework. One of the most notable things about this is that states generally only allow you to play players within your own state (I think some states may have compacts that allow inter-state play with other specific states). They may also require the company to be operating within the state itself. So, even if Draft Kings starts a normal bookmaking operation, they can't necessarily just offer those services to players in any state that allows it. A lot of it will depend on how states settle on their regulations.

[mulletbum]

I just got an email from DraftKings about how stoked they are to make betting through their app completely legal. So I think they are already planning to get it done.