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What are the odds? Daily fantasy sports win reprieve in N.Y

By Michael Erman and Suzanne Barlyn

NEW YORK (Reuters) - Leading daily fantasy sports companies FanDuel and DraftKings won a temporary reprieve allowing them to keep operating in New York through the New Year, reversing for now an order by a state judge to close the businesses in the state.

New York State Appeals Court Judge Paul Feinman temporarily suspended an injunction granted earlier in the day by New York Supreme Court Justice Manuel Mendez.

Mendez had stopped short of deciding whether daily fantasy sports are a game of skill or chance under New York law, but ruled that there was a likelihood that New York Attorney General Eric Schneiderman would be able to prove that the games are illegal if the matter goes to trial.