Fantasy Sports Sites Win Reprieve in NY
Daily fantasy sports websites DraftKings and FanDuel can still conduct business while New York courts determine their fate in that state.
That’s according to court documents filed on Monday, reported The Hill.
The issue is of importance to radio stations that sell ads for these sites.
The courts are deciding whether the sites are a form of gambling, which would be illegal, or not. We reported last month a judge ruled the sites had to stop taking bets from New Yorkers. The state’s Attorney General wants to shut them down; they appealed and got the ruling reversed. Monday’s decision affirms the appellate court’s decision, according to the account.
“We are pleased with the Court’s ruling,” DraftKings lawyer David Boies said in a statement. “Daily Fantasy Sports contests are as legal now as they have been for the past seven years that New Yorkers have been playing them.”