Daily Fantasy Sports are Banned in New York

Daily fantasy sports are illegal gambling, New York State's top cop said on Tuesday, demanding that the two largest operators stop taking bets in the state.

By Published on November 10, 2015

New York Attorney General Eric Schneiderman issued cease and desist orders to DraftKings and FanDuel.

He told the companies to quit accepting bets from New York residents, joining a similar move byย Nevadaย last month.

“FanDuel DFS contests are neither harmless nor victimless,” the letter reads. “Daily Fantasy Sports are creating the same public health and economic concerns as other forms of gambling.”

Read the article “Daily Fantasy Sports are Banned in New York” on money.cnn.com.

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