NY judge rebuffs fantasy sports companies’ bid to block AG’s move

A New York state judge denied a temporary restraining order sought by daily fantasy sports companies DraftKings and FanDuel in an effort to keep operating in the state after New York’s attorney general deemed the games to be illegal gambling. In seeking the restraining orders, the companies said that New York Attorney General Eric Schneiderman’s office had been pressuring their vendors to stop doing business with them, and they could be forced to close up shop in the state

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DraftKings, FanDuel lose early bid to head off NY shutdown

(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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FanDuel stops taking new deposits in New York

NEW YORK, Nov 13 (Reuters) – Daily fantasy sports site FanDuel said it has 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 daily fantasy sports market leaders FanDuel and DraftKings cease and desist letters earlier this week, demanding that they stop taking money from players in the state. Both companies filed lawsuits in New York state court earlier on Friday to contest the order

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Angry Birds maker’s float seen less likely despite mobile games growth

By Liisa Tuhkanen LONDON (Reuters) – The often touted but regularly delayed stock-market listing of Rovio, creator of the hugely popular “Angry Birds” mobile game, could be even more distant after this week's warning of lower earnings and a planned cull of more than a third of its staff. While the mobile games market as a whole is thriving and looks set to grow to more than $35 billion in 2017, according to research firm Newzoo, Rovio's woes typify the difficulty established players have in changing with the times

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