FanDuel Suspending Daily Fantasy Sports For NY Players
Daily fantasy sports operator FanDuel says it's temporarily suspending entry in paid contests for New York players.
The New York-based company said Tuesday that move follows its failed attempt to convince a judge to immediately block the state attorney general's efforts to shut it down.
Attorney General Eric Schneiderman's sent FanDuel and Bostson-based DraftKings letters last week calling on them to halt what he considers illegal games of chance.
FanDuel was forced to stop taking deposits from New Yorkers late last week, saying its bank and processors were deterred by Schneiderman's efforts. Both companies say that their popular daily games are based on skill and legal.
FanDuel and DraftKings each say they have hundreds of thousands of customers in New York.
Copyright 2015 The Associated Press.