New York Attorney General Eric Sneiderman is now including Yahoo's daily fantasy sports (DFS) product in the state's investigation on FanDuel and DraftKings.
Yahoo has responded saying that there will be no change to its offering to NY punters since its product is “a lawful product for our Daily Fantasy Sports users”.
In addition, New York State Senator Michael Ranzenhofer presented bill S06092 this week in support of the DFS industry. The bill proposes to exclude DFS from falling into the gambling category.
“Time and time again, New York has stood in the way, whether by over-regulation or outright banning, of activities that are legal and enjoyed in most states across the country,” Ranzenhofer said. “This bill further protects the rights of businesses and individuals who wish to engage in this type of commerce in the state of New York.”
GREGJO
8 years ago
I'm sure daily fantasy sports is not part of the gambling industry. I'm a big fan of this type of games so I'm very happy that Michael Ranzenhofer supports them. No doubt Yahoo offers the same game as FanDuel and DraftKings but I hope this over-regulation will be stopped and DFS companies will be able to continue their...
I'm sure daily fantasy sports is not part of the gambling industry. I'm a big fan of this type of games so I'm very happy that Michael Ranzenhofer supports them. No doubt Yahoo offers the same game as FanDuel and DraftKings but I hope this over-regulation will be stopped and DFS companies will be able to continue their services.
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sharpe
8 years ago
Probably it's a logical move from the state authorities to include Yahoo in their investigation against the other DFS giants because Yahoo is also part from that market, although their name was not mentioned in any of the scandals in this business do far. I think in the end everything will be OK for the DFS companies...
Probably it's a logical move from the state authorities to include Yahoo in their investigation against the other DFS giants because Yahoo is also part from that market, although their name was not mentioned in any of the scandals in this business do far. I think in the end everything will be OK for the DFS companies but now there are tense times for them.
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