Lege + Regulatory Trend: Fantasy Sports Bid Adieu to the Excelsior State

Draftking and FanDuel are leaving which state? By agreement with the New York Attorney General.

What’s happened in New York? The Attorney General issued an opinion that fantasy sports are illegal gambling. The two sides have been negotiating since.

Are they really leaving New York? They’re operating a free site until the New York Courts make a determination.

Is there any way the shut down will change? Yes, the Legislature is considering legislation to legalize fantasy sports.

Findlaw | DraftKings and FanDuel Pull up Stakes, Leave NY

Wall Street Journal | FanDuel, DraftKings Agree to Shut Down in New York