It was a major threat to the future of the exploding daily fantasy sports industry, and it led a number of smaller daily fantasy sports operators, who were not sent any letter from Schneiderman, to promptly cease business in New York. (entrepreneur.com)
Plus: Legal Sports Report refutes imminent doomsday theories for daily fantasy sports industry. (bettingtalk.com)
In a major blow to the daily fantasy sports industry, a New York judge has ruled in favor of a preliminary injunction that orders DraftKings and FanDuel to shut down in the state. (fortune.com)