The Traderszone Network

Published in TZ Latest News 25 November, 2015 by The TZ Newswire Staff

FanDuel, DraftKings fight threatened shutdown in New York

Daily fantasy sports companies DraftKings and FanDuel urged a New York judge on Wednesday to spare them from a potentially crippling shutdown in one of their top markets by ruling that their contests do not constitute illegal gambling. “Chance pervades fantasy sports,” McGee said. The hearing in New York Supreme Court came after the state’s attorney general, Eric Schneiderman, went to court last week seeking to halt DraftKings and FanDuel from offering the highly popular online games in New York, which has more daily fantasy sports players than any other state, according to Eilers Research.