Tuesday, March 22, 2016

Daily fantasy sports sites agree to stop taking bets in NY (Yahoo Sports)

FILE - In this Sept. 9, 2015 file photo, Len Don Diego, marketing manager for content at the DraftKings daily fantasy sports company, works at his station at the company's offices in Boston. Daily fantasy sports companies have said their industry remains viable despite a rocky start to 2016. ESPN and DraftKings ended an exclusive advertising deal, and FanDuel confirmed it was laying off 55 workers in its Orlando, Fla., office. (AP Photo/Stephan Savoia, File)

The nation's two largest daily fantasy sports websites have agreed to stop taking paid bets in New York through the end of baseball season, in September, as lawmakers consider legalizing the popular online contests, the state's attorney general announced Monday. ''As I've said from the start, my job is to enforce the law, and starting today, DraftKings and FanDuel will abide by it,'' Attorney General Eric Schneiderman said in a statement. Schneiderman sued Boston-based DraftKings and New York-based FanDuel after sending them cease-and-desist letters last November, arguing they were essentially illegal gambling operations and violating state laws.


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