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Fantasy sports giants hit by New York ban

11 Dec 2015

NEW YORK -- A judge has suspended fantasy sports companies right to conduct business in New York state, according to Reuters.

The controversy is over whether or not fantasy sports betting equates to illegal gambling, the report said.

The ruling affects the country's largest DraftKings and FanDuel companies who are prevented from engaging with a significant customer base, Reuters reported.

Both companies will appeal the ruling, the report noted.
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