DraftKings, FanDuel Lose Bids To Halt Shutdown By NY AG

Law360, New York (November 16, 2015, 6:12 PM EST) -- A New York state court judge denied requests from daily fantasy giants DraftKings and FanDuel for a temporary restraining order on Monday to stop the state attorney general from shuttering their sites in New York, just hours after their bids were filed.

Fantasy sports fans demonstrate outside New York Attorney General Eric. Schneiderman's office on Nov. 13. (Credit: AP) DraftKings Inc. and FanDuel Inc. had asked the court to immediately step in to stop New York Attorney General Eric Schneiderman and his office from enforcing cease-and-desist letters issued last week that concluded their contests constitute illegal gambling under state law. The...

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