Yahoo joins 2 other fantasy sports sites in suspending play

Yahoo joins 2 other fantasy sports sites in suspending play

Updated Mar. 4, 2020 8:57 p.m. ET

NEW YORK (AP) Internet giant Yahoo says it will suspend its paid daily fantasy sports operations in New York.

In doing so, the Sunnyvale, California-based company joins fantasy sports giants DraftKings and FanDuel.

New York Attorney General Eric Schneiderman (SHNEYE'-dur-muhn) said Tuesday that his office will continue to enforce bans on sports wagering.

The announcement comes a day after a deal between the companies and Schneiderman effectively suspended litigation while lawmakers draft regulations.

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Schneiderman sued the companies, arguing the popular online contests are actually illegal gambling operations.

The companies contend the games are skill-based.

Key state legislators have indicated a bill to prevent minors from playing and to incorporate taxes and licensing could pass by mid-May.

Yahoo says it believes its games are legal. Paid games will be suspended Wednesday.

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