Somewhere in New York today, a football fan will make his final picks on a roster of professional players, hoping the selections and the results from this weekend's National Football League games will deliver a payout from DraftKings, FanDuel or one of a myriad of other daily fantasy sports sites.
Tallying States' Activity on Fantasy Sports
New York Attorney General Eric Schneiderman had declared online fantasy sports a form of illegal gambling, ordering industry giants DraftKings and FanDuel to shut down operations in a state that generated about 10% of the companies' revenues. The companies countered by suing. Then, faced with enormous legal costs, the companies chose a second course of action. They would pursue state legislation to legitimize their operations while offering consumer protection language ' and a cut in revenues ' in return.
By
Cheryl Miller
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