Attorney General Shuts Down Daily Fantasy Sports in New York

Daily fantasy sports has been dealt it’s latest setback as New York attorney general Eric Schneiderman declared that DFS constitutes illegal gambling and sent industry leaders DraftKings and FanDuel cease-and-desist notices to stop accepting money from New Yorkers. Via ESPN:

"“Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers,” Schneiderman said. “Daily fantasy sports is neither victimless nor harmless, and it is clear that DraftKings and FanDuel are the leaders of a massive, multi-billion-dollar scheme intended to evade the law and fleece sports fans across the country. Today we have sent a clear message: not in New York and not on my watch.”"

Draft Kings has already announced they will fight the decision. The war between sports, government and daily fantasy rages on.

[ESPN]