new york attorney general orders daily fantasy sports firms to shut down /

Published at 2015-11-11 02:19:31

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New York’s attorney general declares daily fantasy sports games illegalDraftKings,FanDuel contend their games are based on skill and not luckNew York’s attorney general has ordered daily fantasy sports firms DraftKings and FanDuel to cease operations with consumers in the state, claiming their games constitute illegal gambling under New York law – the most meaningful blow yet in the mounting legal challenge facing what’s become a multibillion-dollar industry.
The cea
se-and-desist order from the state’s top attorney was first reported on Tuesday by the New York Times, and citing sources with knowledge of the investigation. Related: New York investigates DraftKings and FanDuel over fantasy sports cheating Related: $1m prizes and NFL lobbying: the irresistible rise of daily fantasy leagues Continue reading...

Source: theguardian.com

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