DraftKings and FanDuel Statements on New York

Shelby TaussigUncategorized5 Comments

DraftKings Statement Regarding the Settlement with the New York Attorney General

Effective today, as part of a settlement reached with the Attorney General’s office, DraftKings will stop offering paid daily fantasy sports contests in New York State.

We are an industry leader in technology, innovation and consumer protections, and we are grateful to the hundreds of thousands of New Yorkers who have enjoyed playing fantasy sports on DraftKings for the last 4 years. We will continue to work with state lawmakers to enact fantasy sports legislation so that New Yorkers can play the fantasy games they love.

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Update on FanDuel in New York

We are announcing that as of today, FanDuel will cease offering paid contests in the state of New York per the terms of a settlement reached with the Attorney General on certain aspects of the ongoing litigation.

New York is a critical state for FanDuel. FanDuel is headquartered in Manhattan, where we employ more than 170 young, smart, passionate fans who are committed to innovating and providing the best fantasy experience possible. We are proud to be one of New York’s largest startup companies, and while it is disheartening for us to restrict access to paid contests in our home state, we believe this is in the best interest of our company, the fantasy industry and our players while we continue to pursue legal clarity in New York.

This means the following for you:

– New York is a restricted state and users located in the state will not be able to deposit funds or enter paid contests.

– Users can withdraw their funds at anytime, as has always been the case.

– All contests that are already live and active will continue as planned.

– Please visit here to contact your government officials about fantasy sports and make sure your voice is heard.

Thank you for your continued support.

FanDuel

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5 Comments on “DraftKings and FanDuel Statements on New York”

  1. This Monday morning, I saw it was only 2 weeks away from opening day, and I was very excited because Daily Fantasy Baseball was making a return for the 2016 MLB season. Then, I got an e-mail from DraftKings and FanDuel saying they were no longer accepting wagers from New Yorkers. I was devastated to say the least. Heartbroken like millions of other New Yorkers who play Daily Fantasy Sports. So, I would like to give my opinion/rant on this situation. First of all, I feel deeply sorry for the hundreds of workers who lost their jobs today because of this. Shame. It really is. AG Eric Schneiderman said it was a victory for him and that made my blood boil. A victory for hundreds of New Yorkers losing their jobs? Next, how is Daily Fantasy Sports not a game of skill and the lottery is? That boggles my mind when people think that. Picking numbers for the PowerBall and scratching a ticket is skill? Wow! Most of the top Daily Fantasy Sports players write books and have websites that give other players information about how they build their lineups. If you read one of these books or go on the website and see all of the information that they use, you will see all the skill that a player needs to build a successful lineup. Guarantee that none of these AG’s that say Daily Fantasy Sports are illegal looked at these websites and read the books. Another opinion, and this is probably what frustrates me the most. Are Daily Fantasy Sports a crime? No they aren’t. Do they harm anyone or anything? No. Murderers, Rapists, Robbers, they are the criminals of this world. Daily Fantasy Sports players are not. Example, lets say you are in jail for playing DFS, and you ask an inmate what they’re in for and they saying murder, let’s say, and they ask you the same question, your answer, playing Daily Fantasy Sports…. Really? These are the people we want in our prisons? There is no real crime being committed when playing Daily Fantasy Sports. None. One thing FanDuel says, and I agree with, is that Daily Fantasy Sports players play DFS because it makes the games for interesting and fun. Absolutely true. Eric Schneiderman in an interview said in response to this is, gambling is entertainment. Ummmm…. Since when is entertainment illegal? If that is the case, then more forms of (harmless) entertainment should be illegal. SMH… As far as I’m concerned, Daily Fantasy Sports does more good than bad. FanDuel and DraftKings have employed hundreds of people over the years. So, it creates jobs. I guess have less jobs in this state is a good thing? LOL….

  2. This is bull-crap, it figures the lovely state of New York interfering with law abiding, tax paying citizens, for making small small wagers on sport-gaming. But it’s fine for us to play {the daily numbers, the lottery and power ball } where your chances of winning are 1 in 10’s of millions, that’s just fine because they make huge amounts of money every day. But god forbid you bet 5 dollars to win 10, because that’s imoral and for degenerate’s. The only reason there against it is because they can’t get there cut of that small of a wager. Maybe the AG should be more concerned with all the other problems, like all the political crooks that are raping this state to the point of bankruptcy, but that’s ok because he gets his palm greased to turn a blind eye to those actions. They should all be ashamed of them selves!!!!!!!!!

  3. I would like to know why it’s ok to play slot machines and such at the racino in Farmington,NY. Also a new casino in the fingerlakes is being built now. They are considered as a game of chance but playing fantasy sports is of a skill not chance. I’m sure that if the state was receiving tax money from fantasy sports businesses that would all change. It seems that you should just figure out how much to tax the fantasy industry so everyone can start making their money and people can go on with their enjoyment of sports. Otherwise both parties lose out on making any money and the loss of jobs for the people working in the fantasy sports industry. It just doesn’t make any sense to me.

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