DraftKings and FanDuel, the big players in the growing daily fantasy sports business, were ordered to stop accepting bets in New York by the state’s attorney general. The attorney general, Eric Schneiderman, said fantasy sports was illegal gambling under state law.
The two companies have become major advertisers, spending hundreds of millions of dollars on TV commercials this year. They also sponsor segments on sports shows, including some on ESPN, and have received investments from big media companies including Comcast.
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