NY Fantasy Sports Hinge On Gov. Cuomo; Legal Claims Remain
Popular daily fantasy sports sites still face uncertainty in New York even after state lawmakers passed legislation designed to regulate them.
The state attorney general says Saturday he'll pursue previously filed false advertising and consumer fraud claims against the country's top two companies.
Companies FanDuel and DraftKings had stopped operating in New York in March pending the passage of a bill that would legalize the online games.
Legislators in Albany voted early Saturday to regulate and tax the matches.
But under the March stipulation, the companies can't start operating until the legislation is signed into law by Gov. Andrew Cuomo.
FanDuel and DraftKings have long argued their contests are games of skill, not chance.
Attorney General Eric Schneiderman disagreed. He sued them, and called them illegal gambling operations.
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