International edition
September 28, 2020

Companies cease offering paid daily fantasy sports in NY State until September

DraftKings and FanDuel release statements on New York

DraftKings and FanDuel release statements on New York
DraftKings and FanDuel have released statements regarding the settlement with the New York Attorney General.
United States | 03/22/2016

DraftKings and FanDuel have released statements regarding the settlement with the New York Attorney General.

D

raftKings statement

“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.”

See more here http://playbook.draftkings.com/press/draftkings-statement-32116/

FanDuel statement

“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”

See more here https://newsroom.fanduel.com/2016/03/21/fanduel-in-new-york/

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