What are the odds? Daily fantasy sports win reprieve in N.Y

By Michael Erman and Suzanne Barlyn 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┬áillegal games of chance or lawful ones involving skill

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South Carolina military college suspends cadets over KKK-like hoods

The Citadel military college in South Carolina said on Thursday it was suspending eight cadets after photographs were posted on social media showing them wearing pointed white pillowcases that resemble hoods worn by the Ku Klux Klan, a white supremacist group. Seven freshmen cadets wore the hoods and all-white clothing while singing Christmas carols as part of a “Ghosts of Christmas Past” skit, according to initial findings by the college in Charleston

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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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Massachusetts to ban fantasy sports for people under 21

Massachusetts would prohibit people under the age of 21 from playing paid fantasy sports games under a proposed set of regulations for the fast-growing, multibillion-dollar industry laid out on Thursday by state Attorney General Maura Healey. The proposals would also ban fantasy competitions based on college sports, prohibit promotions of paid fantasy sports on high school and college campuses and bar professional athletes, agents and others connected to pro sports from taking part in paid fantasy contests related to their sports. The fantasy sports business, led by DraftKings and FanDuel, has drawn increasing regulatory scrutiny over the past few weeks with state regulatory officials debating whether the paid daily games are gambling.

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Matchmaking seen as potential game changer in online job search market

By Patricia Reaney NEW YORK (Reuters) – Just as social media changed how people find love and marriage, with research showing about 22 percent of U.S. couples now meet online, an Internet dating website is betting its matchmaking techniques will help people find the perfect job. In March 2016, eHarmony plans to launch Elevated Careers, an online employment service that will put the compatibility matching techniques it has used in pairing couples to the test in the career market.

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Daily fantasy sports site FanDuel stops taking money in NY

By Liana B. Baker and Suzanne Barlyn NEW YORK (Reuters) – Daily fantasy sports site FanDuel said on Friday it stopped taking new deposits in New York after the state's attorney general declared the games to be illegal gambling. New York Attorney General Eric Schneiderman sent cease and desist letters this week to daily fantasy sports market leaders FanDuel and DraftKings, demanding that they stop taking money from players in the state.

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Daily fantasy sports site FanDuel stops taking money in New York

By Liana B. Baker and Suzanne Barlyn NEW YORK (Reuters) – Daily fantasy sports site FanDuel said on Friday it stopped taking new deposits in New York after the state’s attorney general declared the games to be illegal gambling. New York Attorney General Eric Schneiderman sent cease and desist letters this week to daily fantasy sports market leaders FanDuel and DraftKings, demanding that they stop taking money from players in the state

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