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Professional sports leagues’ involvement with daily fantasy sports called out for federal review

After clarifying the distinction between daily fantasy sports (DFS) and the more traditional, season-long fantasy sports leagues, New York Attorney General Eric Schneiderman announced that daily fantasy sports websites are in violation of NY State’s gambling laws and subject to criminal penalties. Cease-and-desist letters have been sent to the two largest companies (DraftKings and FanDuel)…

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