NY judge shuts down daily fantasy sports in state, then gets overruled by appeals

[sam9ball]

NEW YORK (Reuters) - A New York judge on Friday ruled that the leading daily fantasy sports companies FanDuel and DraftKings must cease operating in the state, in what could be a crippling blow to the fast-growing, multibillion-dollar industry.
New York Supreme Court Justice Manuel Mendez granted an injunction sought by Attorney General Eric Schneiderman after hearing arguments last month over whether daily fantasy sports games amounted to illegal games of chance or lawful ones involving skill.
The injunction is not the final determination on the ultimate issues of the case, which will be heard in a trial. But a shutdown in the state - one of their largest markets - could be devastating to the companies.

http://news.yahoo.com/ny-judge-shuts-down-daily-fantasy-sports-state-150209095--nfl.html#

[The Giant]

So stupid.

[THam12]

Longggggg way to go before this is over.
It's not a final ruling. Plenty of fight to come from FD and DK

[Bob Loblaw]

They appealed and the judge granted them an interim stay. Not going anywhere right now

[Bob Loblaw]

Draftkings is staying, no word from Fanduel yet

[jjgold]

It is why sportsbetting will be impossible to get through

[charcoalbbq]

the government here controls everything....worse than communists. but we all parade around thinking we live in a democracy/free country. everything from the food, medicine, education, and anything you can think is controlled.

[jjgold]

Now they are both allowed

lol..some emergency type order

Less than six hours after Justice Manuel Mendez granted New York Attorney General Eric Schneiderman a temporary injunction that would stop DraftKings and FanDuel from doing business, an appellate court judge gave the two daily fantasy sites an emergency temporary stay that will allow them to accept entries from New Yorkers.

[Mr KLC]

New York AG amends lawsuit to ask DraftKings, FanDuel for restitution

New York attorney general Eric Schneiderman amended the lawsuits against daily fantasy companies DraftKings and FanDuel on Thursday, and is now asking for the companies to give back all the money they made in New York, along with paying a fine of up to $5,000 per case.

In November, Schneiderman determined daily fantasy sites such as DraftKings and FanDuel qualify as illegal gambling and ordered them to stop accepting bets from residents of the state.

New York’s decision comes four weeks after Nevada’s Gaming Control Board ordered such sites to stop operating in the state. Schneiderman ordered FanDuel and DraftKings to stop accepting bets in New York, ruling that the daily fantasy sports games are in violation of the state’s gambling laws.

http://www.si.com/fantasy/2016/01/01/draftkings-fanduel-lawsuit-new-york-attorney-general-requests-restitution?xid=si_social

And the beat just keeps going on and on.....

[yisman]

Schneiderman is a crook.

He should give back all the kickbacks he took from casinos.

Scum like Schneiderman belong in jail. Defrauding the public.