Yahoo targeted by New York attorney-general in daily fantasy sports probe

A probe by the New York attorney-general into the fast-growing, multibillion-dollar daily fantasy sports industry has expanded to include Yahoo Inc. PHOTO: BLOOMBERG

NEW YORK (Reuters) - A probe by the New York attorney-general into the fast-growing, multibillion-dollar daily fantasy sports industry has expanded to include Yahoo Inc, the online media company, a person familiar with the matter said on Tuesday (Nov 18).

Yahoo, which operates a daily fantasy sports site, was issued a subpoena by New York Attorney-General Eric Schneiderman, the person said.

A Yahoo spokesman could not immediately be reached for comment.

The widening probe comes as Mr Schneiderman earlier on Tuesday filed for a temporary injunction to shut down daily fantasy sports leaders DraftKings and FanDuel in the state.

Join ST's Telegram channel and get the latest breaking news delivered to you.