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FanDuel and DraftKings await New York fate as attorney general calls for them to hand back money

on Jan 3, 2016 | 0 comments

By Cameron Clarke

New York’s attorney general has intensified his legal battle with fantasy sports sites FanDuel and DraftKings after calling for them to give back the millions of dollars they have made in New York State.

An amended lawsuit filed by Eric Schneiderman on Thursday demands the two companies “make restitution of all funds obtained from consumers” and pay a fine of up to $5,000 per case.

That could amount to an eye-watering sum, because as the Boston Globe reports, New York is one of the biggest markets for fantasy sports and DraftKings alone has said that it collected about $100m in entry Read full story ›

Source: The Drum