Champ Kind Posted November 25, 2015 Share Posted November 25, 2015 By Nate Raymond NEW YORK (Reuters) - Daily fantasy sports companies DraftKings and FanDuel argued in a New York state court on Wednesday that the contests are legal games of skill rather than illegal gambling as they fight to avoid a potentially crippling shutdown in one of their top markets. New York Attorney General Eric Schneiderman filed for a preliminary injunction to shutter the companies in the state last week, saying that daily fantasy sports gaming "is nothing more than a rebranding of sports betting." New York Supreme Court Justice Manuel Mendez, after hearing oral arguments on the high-stakes matter on Wednesday, said he would rule "very soon." The hearing came amid continued scrutiny of the online daily fantasy sports industry, with authorities at the state and federal level scrutinizing whether the games amount to gambling. View the full article Quote Link to comment Share on other sites More sharing options...
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