Cuomo Legalizes Daily Fantasy Sports in New York State

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Governor Andrew Cuomo was fast to sign into law a bill that would legalize Daily Fantasy Sports in the state of New York.

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"It's actually been legalized across the nation. New York State should be in line with the rest of the nation," Democratic lawmaker Tim Kennedy said on Tuesday just hours before Cuomo signed off on the legislation. "No one should have to sit back and watch others in other states compete and play something like daily fantasy sports and not be able to do it in the State of New York."

The governor’s action clears the way for New York — the biggest market for daily fantasy sports — to resume participating after a lawsuit filed by state Attorney General Eric T. Schneiderman temporarily had halted play there last fall.

Schneiderman abruptly demanded Daily Fantasy Sports companies leave the state at that time and both companies complied.

Attorney General Eric T. Schneiderman issued the following statement on the passage of Daily Fantasy Sports legislation back in June:

"As I have said from the start of my office’s investigation into daily fantasy sports, my job is to enforce the law. Today, the Legislature has amended the law to legalize daily fantasy sports contests, a law that will be my job to enforce and defend. We will nevertheless continue to pursue our claims that DraftKings and FanDuel previously engaged in false advertising and consumer fraud.”

- Aaron Goldstein,

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