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

December 11, 2015 creative after-hearing, attorney, crippling-blow, daily, daily-fantasy, judge-on-friday, lawful-ones, leading, michael-erman, schneiderman, state, suzanne-barlyn

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 illegal games of chance or lawful ones involving skill

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NY judge shuts down daily fantasy sports in state

December 11, 2015 creative after-hearing, arguments-last, crippling-blow, daily, daily-fantasy, fast, lawful-ones, month-over, schneiderman, supreme-court

NEW YORK, Dec 11 (Reuters) – A New York judge on Friday ruled that 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.

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FanDuel, DraftKings fight threatened shutdown in New York

November 25, 2015 publisher contests, daily, draft, fantasy-sports, from-offering, highly, players-conference, popular-online, schneiderman, state, supreme-court, their-contests, wednesday, week-seeking

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

November 25, 2015 creative circuit-court, daily, daughter, daughter-killed, facebook-jurors, fantasy-sports, highly, jennifer, macabre-trophy, miami-area, players-conference, popular-online, supreme-court, the-internet, wednesday

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

November 24, 2015 creative board-inside, daily, draft, exiger, facebook, fantasy-sports, federal-bureau, florida, having-access, internet, linked-through, miami-florida, players-conference

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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DraftKings, FanDuel lose early bid to head off NY shutdown

November 17, 2015 creative are-building, attorney, been-pressuring, cheltenham, daily, dissuade-people, games, vendors, york

(Repeats with no changes) By Brendan Pierson and Michael Erman NEW YORK, Nov 16 (Reuters) – Daily fantasy sports companies DraftKings and FanDuel on Monday lost an atttempt to head off the New York attorney general’s effort to shut down the companies in the state. A New York state judge denied temporary restraining orders sought by the companies that would have halted New York Attorney General Eric Schneiderman’s efforts to declare the games illegal gambling in the state. Schneiderman said the games were against state law last week and told the companies to stop taking money from New Yorkers.

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Daily fantasy sports site FanDuel stops taking money in NY

November 14, 2015 publisher accounts, after-the-state, board-inside, daily, daily-fantasy, players, said-on-friday, schneiderman, sports-market, state, stopped-taking, suzanne-barlyn, taking-money, 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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Daily fantasy sports site FanDuel stops taking money in New York

November 13, 2015 publisher accounts, attorney, daily, friday, new-deposits, players, rule-the-games, said-on-friday, schneiderman, sports-market, state, stopped-taking, taking-money

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