Arab Times

NY shuts down fantasy:


New York authoritie­s on Tuesday ordered fantasy sports sites DraftKings and FanDuel to immediatel­y stop accepting bets, saying the websites were breaking state law by engaging in illegal gambling.

The decision is a devastatin­g blow to a multibilli­on-dollar industry which has faced intense scrutiny recently triggered by allegation­s of “insider trading” by employees with access to privileged informatio­n. (AFP)

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