A New York judge denied DraftKings and FanDuel's restraining orders against attorney general Eric Schneiderman and now an emergency meeting has been scheduled. What is the impact?
DFS sites DraftKings and FanDuel filed temporary restraining orders against impending action by the New York attorney general on Monday. However, those orders were denied the same day.
An emergency hearing will now be held on Wednesday, November 25. DraftKings released this statement after the temporary restraining order was denied:
“The Court granted our order setting this case for an emergency hearing next Wednesday. The AG assured the Court he will take no action against DraftKings or its business partners before then.