Tuesday, November 10, 2015

New York AG Orders DraftKings And FanDuel To Stop Taking Bets From New York Residents

Things are only getting worse for the definitely skill-based daily fantasy industry, as New York Attorney General Eric Schneiderman ordered DraftKings and FanDuel to cease accepting bets from New York residents. In a prepared statement, Schneiderman assailed daily fantasy, saying it constituted illegal gambling, misled customers, and is intended to “fleece sports fans across the country.”

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