NEW YORK • New York's attorney general on Tuesday ordered the daily fantasy sports companies DraftKings and FanDuel to stop accepting bets in the state, saying their operations amount to illegal gambling.
In a pair of letters sent to the companies, Attorney General Eric Schneiderman said that after a one-month investigation, his office had concluded that the daily contests promoted like a lottery are essentially games of chance, not skill.
He drew a sharp distinction between the operations of daily fantasy sports sites and traditional fantasy leagues, which he said remained legal.
Schneiderman said the daily contests are "neither harmless nor victimless" and carry the same social and economic costs of other forms of gambling.