DraftKings and FanDuel sent cease-and-desist letters by the State of New York
Nov10
It seems that Nevada is not alone in taking measures to shut down the real-money daily fantasy sports apps DraftKings and FanDuel. According to a report by ESPN, New York Attorney General Eric Schneiderman declared today that he has sent the companies cease-and-desist letters. In a letter, Schneiderman said “Our review concludes that DraftKings’/FanDuel’s operations constitute illegal gambling under New York law.” DraftKings and FanDuel have agued that their apps are reasonably protected by an exclusion in the 2006 Unlawful Internet Gambling Enforcement Act, which specifically allows games of skill to use real-money betting. However, Schneiderman concluded there is a significant level…
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