New York AG now wants daily fantasy sports companies to refund entry fees

New York’s attorney general now wants daily fantasy sports operators DraftKings and FanDuel to refund all the money that their New York customers lost playing on the sites.

On New Year’s Eve, New York AG Eric Schneiderman filed amended complaints (viewable here and here) against the two operators, seeking “an accounting of monies” the sites have collected from New York players.

The amended complaints also ask the court to order the operators to “disgorge all monies” and “make restitution of all funds obtained from consumers in connection with the fraudulent, deceptive and illegal acts” the AG believes the companies committed prior to his filing cease and desist orders in November. Schneiderman also wants the court to impose a $5k penalty on the operators for each violation of New York gambling laws.

DraftKings and FanDuel are believed to have collected around $200m in entry fees from around 600k New York DFS players in 2015. Schneiderman hadn’t made such a request in his original complaints, but it seems that the operators’ decision to defy his C&D order just may have rubbed the AG the wrong way.