DraftKings & FanDuel scored a victory after appellate judges decided to extend the temporary stay that was recently granted, meaning they can legally operate in NY until their appeal is decided.

via TechCrunch:

In December New York State Supreme Court Judge Manuel Mendez upheld a cease-and-desist request from New York Attorney General Eric T. Schneiderman, meaning DraftKings & FanDuel would have to cease operating in New York.

However, a few hours after that decision, DraftKings received an expediated motion to appeal and stay the decision, meaning both companies could temporarily continue to operate while the appeal is being considered.

 

Today’s decision extends that temporary ruling, meaning both companies can indefinitely operate in NYC until the appeal until decided.

In a statement from DraftKing’s counsel, the company reiterated that they expect the appeal to be decided in their favor, and consider today’s ruling a logical step in getting DFS legalized.

As a New Yorker, it was interesting to see the DraftKings and FanDuel advertisements that were EVERYWHERE, practically disappeared.

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