Legal Opinion Letter - North America - Sports Betting Format Verification

PROJECT: I am working on a project that requires a Legal Opinion Letter to validate the type of sports wagering platform (app) we are building. BACKGROUND: DFS (daily fantasy sports) is a style of betting which is known as a "game of skill", whereby a user enters a contest by selecting performance outcomes of certain athletes based on their knowledge of the athletes and the sport. This is in contrast to "money-line" betting which is based on the outcome of a sports event by a team of players. The latter is known as a "game of chance". The regulations around these types of platforms (apps) varies by state and province in North America. REQUIREMENT: We require a Legal Opinion letter for our payment processor which will validate that we are a "game of skill" and operate in the DFS category. In addition, we may need the letter to validate that we have geolocation capabilities to ensure access only in legally authorized markets, and verification that we use KYC/AML APIs to adhere to requirements to avoid people on watchlists and verify ages. We have these facilities so we will only require the letter to acknowledge this once we provide you with proof. SCOPE: We require the legal letter only - prepared by a licensed lawyer from North America QUALIFICATION: We must use a North American based lawyer, and one who has issued this type of letter in the past.