Cuomo signs law to allow daily fantasy sports in New York
ALBANY— Gov. Andrew Cuomo signed a new law Wednesday to allow the resumption of daily fantasy sports in New York.
The measure calls the popular online contests a “game of skill.” That legal definition resolves the central argument in a lawsuit brought against the country’s two top fantasy sports companies by the state attorney general. He had likened the online matches to illegal gambling operations based on chance.
“This legislation strikes the right balance that allows this activity to continue with oversight from state regulators, new consumer protections, and more funding for education,” Cuomo said.