Daily fantasy sites must stop operating in New York, attorney general says

New York’s attorney general has ordered daily fantasy-sports websites to halt their activities in the state, according to Tuesday reports, ruling that the practice violates New York gambling laws. Daily fantasy sports, which allow players to build lineups of athletes and wager money on their collective performance against others who do the same, have grown popular, but have faced more intense scrutiny after an employee of DraftKings won a large competition on rival FanDuel. The industry is under investigation by a federal prosecutor who brought down online poker in the United States,has been banned in the state of Nevada, and faces new regulation in Illinois. Startups FanDuel and DraftKings attract the majority of daily fantasy players, but the game has also been adopted by Yahoo Inc. .

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