This shouldn’t be a surprise to anybody who has discussed the subject here.
Nevada is just a single (small) state, and daily fantasy sites will still make gobs of money without it. But Nevada certainly wields outsized influence in matters of gambling, and this is an especially unwelcome time for this ruling considering that both the FBI and the Department of Justice have opened probes into the legality of daily fantasy.
As some might say, we’ve only just begun.