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DraftKings, FanDuel Slammed Over Legal Strategy

Law360, Philadelphia (February 19, 2016, 7:25 PM EST) -- The daily fantasy sports industry was roundly excoriated Friday at the University of Pennsylvania Sports Law Symposium, as a panel of lawyers ripped its key players — DraftKings and FanDuel — for misinterpreting federal law and antagonizing regulators, and said their future was on the line in New York.

The panel was not entirely composed of disinterested observers — Sherman Silverstein partner Alan Milstein represents plaintiffs suing the two business in a putative class action in New York federal court. But even Darren Heitner of Heitner Legal, who has represented smaller players in the industry and who countered Milstein's claim that...

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