Hit and Run: NY Judge Rules Against DFS; RAWA Support Plummets; iGaming ddos Attacks Continue
NY Judge Upholds AG’s Temporary Injunction Against DFS
On Friday morning NY Judge Manuel Mendez granted New York Attorney General Eric Schneiderman’s request for a temporary injunction against DraftKings and FanDuel.
BREAKING: NY Judge blocks DraftKings and FanDuel from offering #DFS contests in NY for duration of case; grants preliminary injunction to AG
— Daniel Wallach (@WALLACHLEGAL) December 11, 2015
The ruling gives the two companies 30 days to exit the state (FanDuel had already done so well before the ruling was issued), and unless the ruling is overturned on appeal, the two companies will have to wait until the case is resolved in court before they can once again serve the New York market, or perhaps pin their hopes on the New York legislature passing a DFS authorization bill.
Here are a couple of in depth columns explaining what’s going on.
DraftKings and FanDuel have already filed their appeals, and according to reports they will be heard today – it’s unclear if there will be a ruling today.
– Plainridge Park Casino in Plainville, Massachusetts hasn’t lived up to its early revenue expectations, but owners of the slot parlor/racetrack, Penn National, aren’t concerned.
– Support among state attorneys general has plummeted since the first letter calling on Congress to uphold a federal online gambling ban circulated. More recently, AG support for the RAWA federal online gambling ban being pushed by Sheldon Adelson has dropped 50% from 2014 to 2015; from 16 to eight.
– ddos attacks continue to be a major issue for online gaming sites.
– Steve O’Dwyer is making a late run in several of poker’s Player of the Year races, thanks to a win in the EPT Prague Super High Roller tournament, O’Dwyer’s fifth tournament victory of the year.