DraftKings, FanDuel Temporary Restraining Order Requests Denied, Preliminary Injunction Hearings Fast-Tracked

On Monday November 16, 2015, daily fantasy sports (DFS) giants DraftKings, Inc. and FanDuel, Inc. requested temporary restraining orders in their individual state court actions against N.Y. Attorney General Eric Schneiderman. Those requests were denied by Justice Manuel Mendez. The underlying lawsuits were filed by DraftKings and FanDuel in response to Scheiderman’s November 10, 2015 decision, in which Schneiderman ordered the companies to cease and desist from accepting DFS wagers from New York residents. The individual actions of both plaintiffs request injunctive relief —…
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DraftKings Files for Temporary Restraining Order and New NY Legislation Proposed

Monday, November 16, 2015 saw a lot of action regarding the ongoing daily fantasy sports (DFS) controversy in New York State. On November 10, 2015, following a month-long investigation into the operations of DFS industry leaders DraftKings, Inc. and FanDuel, Inc., N.Y. Attorney General Eric Schneiderman notified the two companies of his decision to shut down their state-conducted business. By way of cease and desist letters, Schneiderman required the companies to refrain from accepting DFS wagers placed by New York servers. In response, both DraftKings
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FanDuel and DraftKings File Individual Actions v. NY Atty. Gen. Schneiderman

On Friday November 13, 2015, daily fantasy sports (DFS) industry leader DraftKings, Inc. filed a state court lawsuit against N.Y. Attorney General Eric Schneiderman. The action seeks an injunction precluding the AG from prohibiting DraftKings’ DFS operations in New York State. Later that day, FanDuel, Inc., DraftKings’ industry competitor, filed its own individual state court action requesting the same. The two actions were filed following AG Schneiderman’s notice to DraftKings and FanDuel to cease and desist from accepting DFS wagers from New York residents. Schneiderman…
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DraftKings Files Lawsuit Against NY Attorney General Over Fantasy Sports Ruling

On Friday November 13, 2015, daily fantasy sports (DFS) giant DraftKings, Inc. initiated a state court lawsuit against New York Attorney General Eric Schneiderman. The lawsuit was filed in response to Schneiderman’s November 10, 2015 ruling, which required DraftKings and FanDuel, Inc. (DraftKing’s industry competitor) to cease and desist from accepting DFS wagers from New York State residents. The AG’s ruling implicated only DraftKings and FanDuel, although several other DFS companies exist. DraftKings’ lawsuit seeks to preclude New York from halting the company’s business in…
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New York Shuts the Book on Daily Fantasy Sports: AG Schneiderman Rules Activities of DraftKings, FanDuel Illegal

Forget to set your daily fantasy sports lineup in New York? This will no longer be a problem for you. Following the September 2015 daily fantasy sports (DFS) scandal, both state and federal authorities began investigating the business operations of industry leaders DraftKings, Inc. and FanDuel, Inc. The scandal stems from the acts of a DraftKings employee, Ethan Haskell, who used inside data to win $350,000 on FanDuel’s website. New York Attorney General Eric Schneiderman initiated an investigation into the business operations of DraftKings and…
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NY Attorney General To Investigate Fantasy Websites

On Tuesday, October 6, 2015, New York Attorney General Eric Schneiderman began an investigation into DraftKings and FanDuel, the two largest daily fantasy sports websites. The investigation comes as a result of news that the two companies allow their employees, many of which have information not available to the public, to play each other and win large payouts. Schneiderman sent letters to the CEOs of both companies requesting the employee names and job titles, as well as other information, such as pricing algorithms. The letters…
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