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New York asks fantasy sports sites to give money back in amended lawsuit
reuters ^ | Jan. 1, 2016 | Saqib Iqbal Ahmed

Posted on 01/01/2016 1:02:37 PM PST by PROCON

New York Attorney General Eric Schneiderman on Thursday filed an amended lawsuit against DraftKings and FanDuel asking the daily fantasy sports companies to give back all the money they made in New York State.

The amended lawsuit asks the two companies to make restitution of all funds obtained from consumers in connection with alleged violations and seeks a civil penalty of up to $5,000 per case.

The lawsuit also asks that the two companies provide an accounting of the money they collected from consumers in New York who played any of their games.

Boston-based DraftKings and New York-based FanDuel did not immediately respond to a request for comment.

(Excerpt) Read more at reuters.com ...


TOPICS: Chit/Chat
KEYWORDS: draftkings; fanduel; fantasysports; newyork
As businesses and individuals flee New York state, New York gets creative with it's tax collection methods.
1 posted on 01/01/2016 1:02:37 PM PST by PROCON
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To: PROCON

There’s a thread that the AG is paid off by someone in Malaysia.


2 posted on 01/01/2016 1:07:48 PM PST by Extremely Extreme Extremist
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To: PROCON

“When already emailed all that data to Hillary Clinton. You’ll have to ask her for it.”


3 posted on 01/01/2016 1:14:46 PM PST by yefragetuwrabrumuy ("Don't compare me to the almighty, compare me to the alternative." -Obama, 09-24-11)
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To: PROCON
Did I miss the part of the lawsuit where New York asks all people in the city that won money from fantasy sports sites to return it to the sites?
4 posted on 01/01/2016 1:20:55 PM PST by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: Extremely Extreme Extremist

Schneiderman is a total weasel. Someone has to say no to these twerps.


5 posted on 01/01/2016 1:23:15 PM PST by Shady (We are at war again......this time for our lives...)
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To: PROCON

I thought all along this was a government shakedown and the only reason it wasn’t settled after C&D letter was because the sites wouldn’t accept the payoff amount so now New York State is deciding they will get the money from them one way or another. The sites thought they’d be protected by their big-money partners like ESPN/Disney, the NBA, the NFL, MLB, etc. Well. they underestimated how the state wants to put the screws to them.


6 posted on 01/01/2016 1:26:23 PM PST by OrangeHoof (Obama - the AIDS virus for the American body politic.)
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To: PROCON
I bet New York is far more interested in getting the list of the winners. "So you broke the law by gambling and then didn't pay taxes on your winnings. These fines are going to be huge."
7 posted on 01/01/2016 1:27:15 PM PST by KarlInOhio (CNBC = Clowns Neutered By Cruz)
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To: PROCON

Tomorrow Draft Kings will annouce their move to Florida or Texas. They will be joined by ESPN/Disney, the NBA, the NFL, MLB.


8 posted on 01/01/2016 3:07:42 PM PST by Steven Scharf
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