Tag Archives: Eric Schneiderman
- Aging New York mobsters busted for online credit betting operation
December 16, 2016
New York’s attorney general has indicted 13 individuals for operating a Mafia-connected online credit betting operation. On Thursday, New York Attorney General Eric Schneiderman – most recently seen bullying daily fantasy sports operators – announced that 13 individuals had been arrested and charged under Operation Shark Bait, a long term...
- DraftKings, FanDuel to pay $6m apiece to resolve New York consumer fraud suits
October 25, 2016
Daily fantasy sports operators DraftKings and FanDuel have reached a settlement with New York state’s attorney general over misleading advertising claims. On Tuesday, New York AG Eric Schneiderman (pictured) announced that the two DFS operators had agreed to pay $6m apiece in penalties and costs to resolve an investigation into...
- New York approves daily fantasy sports legislation but AG says fraud suits still on
June 19, 2016
Daily fantasy sports operators are breathing a little easier after New York state legislators approved bills to regulate the DFS industry. The state Assembly approved their bill on Friday afternoon while the Senate had to go deep into the night before granting their assent. Gov. Andrew Cuomo now has 10...
- Yahoo exit New York daily fantasy market, intro fish-friendly ‘Fair Play’ changes
March 22, 2016
A day after the two leading daily fantasy sports operators exited the New York market, third-ranked site Yahoo has pulled its own DFS offering from the state. Monday saw DraftKings and FanDuel agree to stop offering paid DFS contests to New York players until state pols approve the necessary legislation...
- DraftKings, FanDuel ink deal with New York AG to halt real-money fantasy contests
March 21, 2016
Daily fantasy sports operators DraftKings and FanDuel have agreed to cease offering paid fantasy contests in New York state until their legal tiff with the state’s attorney general is resolved. On Monday, New York AG Eric Schneiderman announced that both DFS operators had agreed to stop offering paid fantasy contests...
- Daily fantasy sports operators win permanent stay of New York injunction
January 11, 2016
Daily fantasy sports operators have won the right to continue operating in New York until their court fight with the state’s attorney general is resolved. On Monday, an appellate panel of New York’s Supreme Court granted motions filed by DraftKings and FanDuel to stay the injunction imposed on them by...
Why the DraftKings & FanDuel merger may not go ahead
March 24, 2017
Maine legalizes daily fantasy sports
August 3, 2017
New Jersey formally approves daily fantasy sports
August 25, 2017