New York Attorney General Eric Schneiderman has decreed that daily fantasy sports-betting sites such as Fan Duel and DraftKings are gambling operations that can't legally accept money in his state. He's betting the courts will agree with him. I'm betting they won't.
The heart of the issue is whether daily fantasy football contests constitute gambling. New York law defines gambling as occurring when the customer "risks something of value upon the outcome of a contest of chance or a future contingent event not under his control or influence."