Report: DraftKings And FanDuel Aren’t Paying Vendors, Have Almost No Cash On Hand
Photo credit: Phelan M. Ebenhack/Getty Daily fantasy heavyweights DraftKings and FanDuel are in dire financial straits, months behind on payments to vendors and suffering from extreme cashflow problems, according to the New York Times. Joe Drape reports that DraftKings and FanDuel are close to a settlement with New York state attorney general Eric T. Schneiderman,…