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FanDuel, DraftKings agree to pay $6M each in N.Y. settlement


Business Journal
26 Oct 2016

Daily fantasy sports sites FanDuel and DraftKings will each pay $6 million in a settlement with New York Attorney General Eric Schneiderman.

New York-based FanDuel and Boston-based DraftKings were the subject of an investigation into alleged false advertising violations in the state. As part of the settlement, the companies have agreed to change their marketing and terms and conditions regarding promotions, expected winnings and success rates.

'Today's settlements make it clear that no company...

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