draftkings

The court ruling upheld the 2016 decision of a lower court that said sites like Draft Kings are operating illegal gambling.

FanDuel is "disheartened."

"The balancing of equities are in favor of the NYAG and the State of New York due to their interest in protecting the public, particularly those with gambling addictions."

Fantasy sports have become an omnipresent part of society, the kind of thing you have to do—like tweeting or watching "Mad Men."

Ubiquitous daily fantasy sports companies DraftKings and FanDuel have been issued cease-and-desist letters from the state's attorney general, who contends that their games amount to illegal gambling.