The Brooklyn Nets and FanDuel plan to continue their relationship despite the New York attorney general’s cease-and-desist order.
The Brooklyn Nets and FanDuel plan to continue their relationship despite the New York attorney general’s stance that the daily fantasy site’s game constitutes illegal gambling, reports Tim Bontemps of the New York Post.
The state attorney general, Eric Schneiderman, demanded earlier this week that FanDuel and fellow daily fantasy sports site DraftKings cease and desist from accepting wagers from New York residents. This did not prevent the companies from advertising and continuing their business in New York state.
Nets CEO Brett Yormark offered a statement to Bontemps on behalf of the Nets regarding the team’s relationship with FanDuel. FanDuel has on-court signage and other advertisements at Brooklyn’s Barclays Center.
“FanDuel’s enormous popularity has helped to increase fan engagement as a sponsor of the Brooklyn Nets. We appreciate our on-going relationship with FanDuel and the company’s commitment to our organization. As we monitor the situation regarding daily fantasy sports, we are confident FanDuel will continue to follow all applicable laws,” Yormark wrote.
FanDuel says its contests would continue as scheduled this weekend and that no immediate action was required from the NYAG.
- Jeremy Woo