Emergency New York DFS hearing scheduled for next week
FanDuel and DraftKings have temporary restraining orders rejected by judge who schedules emergency hearing insteadÂ
An emergency hearing over the legality of daily fantasy sports (DFS) in New York has been set for next week after DraftKings and FanDuel saw their attempts to block potential legal action rejected by New York Attorney General (AG) Eric Schneiderman. [private]
The operators submitted temporary restraining orders (TROs) to Judge Manuel Mendez at the New York Supreme Court yesterday, but will instead have to settle for an emergency hearing on 25 November.
In a statement, DraftKings said it was âconfidentâ of its legal position, and would continue offering contests to players in the state despite Schneiderman ruling DFS was âillegal gamblingâ under state law.
âThe AG assured the Court he will take no action against DraftKings or its business partners before then [the emergency hearing],â the operator said.
âWe are confident in our legal position, and look forward to our day in court next week. As a result, we intend to continue operating in New York,â DraftKings added.
However CNBC reporter Jess Golden reported via Twitter that the AGâs office had denied that Mendez told DraftKings it would not take legal action before the hearing next week, and said it could file a suit today if the operator didnât withdraw from the market.
Rival FanDuel filed its own TRO, which was also declined, but unlike its rival it has withdrawn from the New York market while legal processes are ongoing.
The TRO filings revealed just how significant the New York market is to DraftKings and FanDuel, which claim to have 375,000 and 500,000+ players in the state respectively.
For full analysis of the New York ruling on the wider DFS industry, click here.