One of Scotlandâ€™s most successful technology start-ups has won a legal battle that allows it to continue trading until next month, but the company still faces accusations of illegal gambling, which could force it to close down.
FanDuel, a fantasy sports website that was founded in Edinburgh, was ordered by the Supreme Court last month to stop taking money from customers in New York after the stateâ€™s attorney-general said that the business amounted to an illegal gambling operation.
The company has received temporary reprieve after a New York appeals court ruled that it could stay open until the case is heard in January.
A statement posted on the FanDuel website announced: â€œAn appellate court in New York granted our request for an emergency stay of the injunction. Based on the appellate courtâ€™s ruling, New Yorkers can continue to enjoy FanDuel contests while the legal process moves forward.â€
The company added that the appeals courtâ€™s decision would be reviewed by a panel of judges early next month.
The company, which is valued at more than $1 billion, could see its business model collapse if more states follow the lead of the authorities in New York.
The case was brought by the stateâ€™s attorney-general, Eric Schneiderman, who had issued â€œcease and desistâ€ orders to FanDuel and DraftKings, another leading fantasy sports company, which is based in Boston.
Mr Schneiderman accused the companies of being â€œthe leaders of a massive, multibillion-dollar scheme to evade the law and fleece sports fans across the countryâ€.
FanDuel charges players to take part in daily leagues, pitting fantasy teams in American football and other popular sports against each other for cash prizes.
The company was established as a start-up by Nigel and Lesley Eccles in 2009. The pair went on to raise tens of millions of pounds from investors, including nearly Â£3.5 million from Scottish Enterprise.