Fantasy Sports Win New York Court Approval to Keep Operating

By Chris Dolmetsch, Bloomberg News

DraftKings Inc. and FanDuel Inc. can keep operating in New York while an appeals court decides whether to shut down the two biggest daily fantasy sports sites as they fight the attorney general’s claim that they’re illegal gambling operations.

A New York appeals court allowed the sites to keep accepting bets from players in the state while they challenge a judge’s order that they shut down pending a trial over the core dispute - whether they’re illegal gambling operations or games of skill. A hearing at the appeals court is likely in May.

“We’re very ...