NY Lawmakers Keep Daily Fantasy Alive To Fight Another Day

Law360, New York (June 20, 2016, 11:20 PM EDT) -- Facing a deadline in an agreement to halt litigation with New York Attorney General Eric Schneiderman, daily fantasy sports giants DraftKings and FanDuel sweated out a New York legislative session late last week as lawmakers came through in the eleventh hour to pass legislation that experts say gives the beleaguered companies a major boost to their legal battles.

Schneider had hit daily fantasy sports industry leaders DraftKings Inc. and FanDuel Inc. with enforcement actions alleging their contests violate state anti-gambling laws and obtained a state court...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.