New York attorney general Eric Schneiderman wrote industry giants Draft Kings and Fan Duel in a cease-and-desist letter.

Schneiderman has ordered Fan Duel and Draft Kings to cease and desist all wagers from New York residents saying the sites constitute illegal gambling under New York state law. This comes  only a month after Nevada regulators ruled daily fantasy sports as gambling and therefore require a gaming license to operate.

 

Draft Kings and Fan Duel contend their games are not gambling since they`re more skill than luck. That means the 2006 federal law exempting fantasy sports as online wagering legally sanctions them.

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