{"id":4480,"date":"2015-11-11T00:03:00","date_gmt":"2015-11-11T00:03:00","guid":{"rendered":"http:\/\/associatednews.us\/content\/2015\/11\/11\/new-york-says-daily-fantasy-sports-sites-are-illegal-gambling-under-state-law\/"},"modified":"2015-11-11T00:03:00","modified_gmt":"2015-11-11T00:03:00","slug":"new-york-says-daily-fantasy-sports-sites-are-illegal-gambling-under-state-law","status":"publish","type":"post","link":"https:\/\/associatednews.us\/content\/new-york-says-daily-fantasy-sports-sites-are-illegal-gambling-under-state-law\/","title":{"rendered":"New York Says Daily Fantasy Sports Sites Are Illegal Gambling Under State Law"},"content":{"rendered":"

By Nathan Rott<\/a><\/span> <\/p>\n

New York state’s attorney general has ordered the two biggest daily fantasy sports companies to stop accepting bets there. He says those games constitute illegal gambling under state law.<\/p>\n

In making the announcement, New York Attorney General Eric Schneiderman says the games “cause the same kinds of social and economic harm as other forms of illegal gambling” and mislead consumers:<\/p>\n

\n
\n

“Daily fantasy sports is neither victimless nor harmless, and it is clear that DraftKings and FanDuel are the leaders of a massive, multibillion-dollar scheme intended to evade the law and fleece sports fans across the country.”<\/p>\n<\/div>\n<\/blockquote>\n

The order will ban FanDuel and DraftKings, the two biggest daily fantasy sports companies, from accepting bets in New York, though both companies will have a chance to challenge the decision in court.<\/p>\n

FanDuel and DraftKings contend that their games are not gambling but rather games of skill. Their popularity has skyrocketed in recent months, leading both companies to be valued at over $1 billion.<\/p>\n

A spokesman for DraftKings said the company will fight the ruling.<\/p>\n

\n
\n

.@DraftKings<\/a> spokesman says company “strongly” disagrees with NY AG opinion that DFS is gambling. Will “vigorously pursue all legal options”<\/p>\n

\u2014 Howard Stutz (@howardstutz) November 11, 2015<\/a><\/p><\/blockquote>\n<\/div>\n

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org\/content-only\/faq.php#publishers.<\/em><\/p>\n

Source:: http:\/\/www.npr.org\/sections\/thetwo-way\/2015\/11\/10\/455537104\/daily-fantasy-sports-sites-banned-from-new-york-state?utm_medium=RSS&utm_campaign=sports<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New York state’s attorney general has ordered the two biggest daily fantasy sports companies to stop accepting bets there. He says those games constitute illegal gambling under state law.<\/p>\n

In making the announcement, New York Attorney General Eric Schneiderman says the games “cause the same kinds of social and economic harm as other forms of illegal gambling” and mislead consumers:<\/p>\n

\n
\n

“Daily fantasy sports is neither victimless nor harmless, and it is clear that DraftKings and FanDuel are the leaders of a massive, multibillion-dollar scheme intended to evade the law and fleece sports fans across the country.”<\/p>\n<\/div>\n<\/blockquote>\n

The order will ban FanDuel and DraftKings, the two biggest daily fantasy sports companies, from accepting bets in New York, though both companies will have a chance to challenge the decision in court.<\/p>\n

FanDuel and DraftKings contend that their games are not gambling but rather games of skill. Their popularity has skyrocketed in recent months, leading both companies to be valued at over $1 billion.<\/p>\n

A spokesman for DraftKings said the company will fight the ruling.<\/p>\n

\n
\n

.@DraftKings<\/a> spokesman says company “strongly” disagrees with NY AG opinion that DFS is gambling. Will “vigorously pursue all legal options”<\/p>\n

\u2014 Howard Stutz (@howardstutz) November 11, 2015<\/a><\/p><\/blockquote>\n<\/div>\n

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org\/content-only\/faq.php#publishers.<\/em><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[221],"tags":[],"class_list":["post-4480","post","type-post","status-publish","format-standard","hentry","category-sports"],"_links":{"self":[{"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/posts\/4480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/comments?post=4480"}],"version-history":[{"count":0,"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/posts\/4480\/revisions"}],"wp:attachment":[{"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/media?parent=4480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/categories?post=4480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/associatednews.us\/content\/wp-json\/wp\/v2\/tags?post=4480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}