#USA All bets are off as DraftKings, FanDuel ordered to stop doing business in New York




If you can’t make it here, can you make it anywhere?

A New York Supreme Court judge ruled on Friday that DraftKings and FanDuel, two leading websites in the billion-dollar fantasy sports market, must stop doing business in New York — at least for now as they continue the fight to prove their businesses are not online gambling, which is banned in the state

BREAKING: @AGSchneiderman wins temp. injunction to block @DraftKings and @FanDuel from operating in NY http://pic.twitter.com/tnLhy5pgaG

— New York Law Journal (@NYLawJournal) December 11, 2015

The ruling presents a significant setback to the fast-growing startups, both of which are said to be valued at more than $1 billion, putting them in the elite “unicorn” club Read more…

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