FanDuel, DraftKings fight threatened shutdown in New York

By Nate Raymond NEW YORK (Reuters) – 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.

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Florida ‘Facebook killer’ found guilty of second-degree murder

A jury on Wednesday found a Florida man guilty of second-degree murder after he killed his wife and posted a photo of her blood-spattered body on Facebook. Jurors rejected the argument that Derek Medina, 33, acted in self-defense when he shot 27-year-old Jennifer Alfonso eight times in August 2013 at their Miami-area residence, according to a circuit court spokeswoman in Miami-Dade County.

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DraftKings hires Exiger to review financial controls, compliance

Daily fantasy sports company DraftKings said on Tuesday it hired regulatory risk and compliance firm Exiger to conduct a review of its financial, operational, compliance and risk controls, as the company and its top competitor, FanDuel, have come under fire from state and federal regulators.

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