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DFS giants reach compromise agreement to withdraw paid contests from New York

22nd March 2016 9:08 am GMT

Daily fantasy sports (DFS) operators DraftKings and FanDuel have reached a compromise with New York Attorney General Eric Schneiderman, which will see the companies withdraw their paid-contests from the state with immediate effect.

The compromise agreement will see each company withdraw their core product from New York until there is a change in the state’s gambling law, or until they can successfully argue the legality of DFS at an appellate hearing due to take place in September.

Both companies will also drop their [...]

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