Daily fantasy sports losing major payment processor
An Ohio company that processes payments for daily fantasy sports sites says it will no longer handle their payments and will pull away from the $2 billion industry in February, according to a newspaper report. FanDuel, DraftKings and other daily fantasy sports sites have been under assault in recent months as attorneys general in several states find the games illegal. Losing a payment processor would be the latest blow to the businesses because they do not handle players’ deposits and…
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