After constitutional win FanDuel faces class action threat

Two separate Court actions in New York and New Jersey over the last week have demonstrated the highs and lows for fantasy sports and sportsbook operators making a commercial foothold in the lucrative United States market whilst skirting around the fringes of sports gambling regulations.

Firstly a ruling lastweek from New York's highest Court will allow, despite a scathing dissent, fantasy sports organisations such as DraftKings and FanDuel to operate there, overturning a previous ruling defining them as gambling ventures under the State's Constitution.

However, days later FanDuel has been served with a class action, in neighbouring New Jersey, accusing them of illegally refusing to return customers' unused account money wanting them to wager those funds instead.