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Citigroup Halts DraftKings, FanDuel Transactions In NY

By Zachary Zagger (February 5, 2016, 5:10 PM EST) -- Citigroup Inc. will no longer process transactions for New York residents on daily fantasy sports sites run by DraftKings and FanDuel until there is more legal clarity on the matter, as the companies face enforcement actions by the state attorney general as well as a slew of lawsuits that were recently consolidated....

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