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Eric Schneiderman Quote

Unlike most traditional, season-long fantasy sports sites, which make most of their money from administrative fees and advertising, FanDuel and DraftKings take a cut of every bet. That is what bookies do, and it is illegal in New York.

Eric Schneiderman

Unlike most traditional, season-long fantasy sports sites, which make most of their money from administrative fees and advertising, FanDuel and DraftKings take a cut of every bet. That is what bookies do, and it is illegal in New York.

Tags: money, advertising, new york

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About Eric Schneiderman

Eric Tradd Schneiderman (born December 31, 1954) is an American lawyer and politician who served as the 65th Attorney General of New York from 2011 until his resignation in May 2018. Schneiderman, a member of the Democratic Party, spent ten years in the New York State Senate before being elected Attorney General. In May 2018, Schneiderman resigned from his position as Attorney General after The New Yorker reported that four women had accused him of physical abuse. In 2021, Schneiderman’s law license was suspended for a year after a disciplinary proceeding where he admitted to the abusive conduct.