Tag Archives: Eric Schneiderman

New York legislators have been in advanced talks on the potential legislation of daily fantasy sports (DFS) which could see a conditional bill drafted for the legal/licensed framework of DFS state services. Leading DFS operators FanDuel and DraftKings have been under investigation from New York Attorney General Eric Schneiderman since October 2015, following damaging allegations of misuse of game and …

Both DraftKings and FanDuel are asking the New York Supreme Court Appellate Division – First Department to overturn a preliminary injunction which ordered the companies to cease operating in the state from December 11th 2015. In its own appeal DraftKings argued that the court, in siding with state Attorney General Eric Schneiderman, “abused its discretion” and committed several errors of law when …

DraftKings and FanDuel have been dealt another regulatory blow in the US after New York Attorney General Eric Schneiderman sent the two Daily Fantasy Sports (DFS) operators cease-and-desist letters demanding that they stop ‘illegally accepting wagers in New York State’. Schneiderman’s actions come after his office conducted a one-month investigation into DFS which concluded that the daily contests are essentially …

Following allegations of misuse of game data by employees, US sports network ESPN has pulled sponsorship slots promoting the DraftKings brand from its channels. The decision by ESPN to suspend advertising of DraftKings advertising sees a temporary break to its agreed $250 million ad-spend partnership which was announced in August ahead of the start of the 2015/16 NFL season. DraftKings data …