New York Attorney General Eric Schneiderman has concluded his legal action against daily fantasy sports market leaders DraftKings and FanDuel after the pair agreed to pay a total of $12m in penalties for breaches of advertising laws.
The two operators have agreed to pay $6m each in what Schneiderman described as "the highest New York penalty awards for deceptive advertising in recent memory."
Each company will also be required to launch a major overhaul of their advertising practices, as [...]
