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Nevertheless, it’s never worth the risk to gamble with unlicensed entities. At the very least, when you play with unregulated gaming operators, you have no recourse if the operator fails to pay out your winnings. The daily fantasy market is difficult to gauge, but it is estimated that Californians provide the DFS operators with a large fraction of their revenues. As of 2016, it was estimated that revenues from California DFS players totaled $20 million.