DraftKings and FanDuel will pay $6 million apiece to New York state to resolve lawsuits alleging the daily fantasy sports companies engaged in false advertising. New York Attorney General Eric Schneiderman announced the $12 million settlement Tuesday. It ends a legal battle between Schneiderman and the two companies. FanDuel and DraftKings briefly halted operations in […]
Fantasy sports gaming companies FanDuel and Draft Kings are back in business across New York State. They and three other companies have been issued temporary permits by the State Gaming Commission. The two biggest fantasy sports companies had to pull the plug on New York customers for five months after Attorney General Eric Schneiderman said […]
Governor Cuomo has signed the bill legalizing fantasy sports gaming in New York State. The law declares the online games run by FanDuel and Draft Kings to be games of skill, rather than chance, getting around the state constitution. FanDuel says it’s working to get its contests live for New Yorkers, and Draft Kings is […]