You are here

Yahoo a target in New York daily fantasy sports probe

342606565123.jpg
A probe by the New York attorney-general into the fast-growing, multibillion-dollar daily fantasy sports industry has expanded to include Yahoo Inc.

[SAN FRANCISCO] A probe by the New York attorney general into the fast-growing, multibillion dollar daily fantasy sports industry has expanded to include Yahoo Inc, the online media company, a person familiar with the matter said on Tuesday.

Yahoo, which operates a daily fantasy sports site, was issued a subpoena by New York Attorney General Eric Schneiderman, the person said.

A Yahoo spokesman could not immediately be reached for comment.

The widening probe comes as Schneiderman earlier on Tuesday filed for a temporary injunction to shut down daily fantasy sports leaders DraftKings and FanDuel in the state.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom