It clarifies fantasy sports are legal games of skill, thus ensuring millions of New Yorkers can continue to play the games they love. Behind the leadership of Sen. Our false advertising and consumer fraud claims for past misconduct by Draft Kings and Fan Duel will continue to move forward.
With strong consumer protections and economic benefits to the state, I believe this legislation can serve as a model sports daily business report the rest of the country. Today, the Governor has signed a bill that amends the law in order to legalize daily fantasy sports contests, with consumer protections for New York players.
Those permits are likely to be issued this month: John Bonacic, Assemblyman J. As part of that process, operators that had been in New York prior to November of last year will receive temporary permits to run contests. It is because of their hard work and sports daily business report that fantasy sports are returning to New York this football season.
An application for a full permit is not yet available. This bill will allow these companies to continue operating while ensuring fans have a safe environment to play in.
Your hard work and efforts have made an incredible difference. But when the calendar turned to and fantasy sports fans had the opportunity to be heard and legislators had the opportunity to act, the dynamic quickly shifted, and one by one states began to recognize this is a game loved by millions — millions who should be able to play and deserve the basic protections afforded to consumers in all major industries.
I will enforce and defend the new law. Schneiderman offered this statement after the governor signed the bill: The news was broken by Tom Precious of the Buffalo News. In addition to clarifying the legal status of daily offerings, the new law supports a competitive marketplace, innovation and a more level playing field among users.
TheFSTA will continue working hard to convince other states to pass similar, common-sense legislation that protects consumers and supports all of our member businesses. Today Governor Andrew Cuomo signed into law a bill that ensures a strong future for the fantasy sports industry in New York and serves as a beacon to the rest of the nation.
It only took him a day to decide what to do. The signing came a month and a half after the legislature initially passed the fantasy sports bill back in June. We would like to thank our hundreds of thousands of New York supporters for their passion and loyalty over the past several months.
Gary Pretlow and, now, Governor Cuomo, New York passed a law with important consumer protections and took into consideration the needs of many different types of businesses in our industry.
I am proud Governor Cuomo has signed this legislation to keep fantasy sports in New York and I thank my partners in the legislature for their work in getting this legislation passed. And we recognize that this success in our home state of New York and our snowballing success across the country is due to the advocacy, efforts, and unbending belief of our players, and we owe them incredible gratitude for their support of fantasy sports.
The application for a temporary permit can be seen here. It brings to an end a legal saga dating back to last October, when Schneiderman started looking into the DFS industry.
Sites wishing to be licensed in the state must register with the state. No more waiting for the governor Gov.Watch video · Sports business, teams, and sports franchises.
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