Game on! Cuomo signs bill allowing FanDuel, DraftKings to legally operate in NY Fantasy sports startups shut down operations in March despite opening new offices in city
From left: 300 Park Avenue South and 400 Lafayette Street (inset: Andrew Cuomo)
Gov. Andrew Cuomo on Wednesday signed legislation that legalizes the controversial fantasy sports websites and puts them under the watchful eye of the state Gaming Commission, the New York Daily News reported.
Daily fantasy sports have proven to be popular in New York, but until now have operated with no supervision and no protections for players, Cuomo said in a statement.
In March, FanDuel, DraftKings and Yahoo shuttered their daily fantasy sports operations in New York after State Attorney General Eric Schneiderman accused them of violating the state’s gambling laws.