The government is allegedly restricting proposition betting in New York State by adding an amendment to the DFS legislation.
US.- The government of New York plans to add an amendment to the Daily Fantasy Sports legislation in order to limit alleged proposition gaming operations. The modern modality allows players to bet on specific events such as art awards or TV shows. Local companies FastPick and Boom Fantasy may have to comply with new law.
The amendment would not interfere with actual daily fantasy sports operations offered by classic platforms, FanDuel and DraftKings. However, it can limit operations by those companies that also offer different gaming modalities, as published by Legal Sports Report.
The New York State Gaming Commission presented the draft to “ensure that IFS (Interactive Fantasy Sports) contests remain within the scope of activity the legislature authorised.” The amendment was criticised by New York Senator John Bonacic, who also presented the original daily fantasy sports bill and is pushing for a legal iGaming industry.
Bonacic stated, according to Legal Sports Report: “When I drafted S.8153, I intended to ensure enough flexibility to cater to many different styles of interactive fantasy sports gameplay. Competition generated between established incumbents like DraftKings and FanDuel, and innovative startups like Boom Fantasy, will lead the way to a robust industry for all.”
“I fully support and endorse Boom Fantasy’s application for a permit and license as a fantasy sports operator in New York. Their gameplay is exactly the kind of innovation that I envisioned when drafting and supporting this legislation, and I encourage you to approve their application. As a NY-based company that has grown substantially in the past year, I believe it is imperative that the company be allowed to operate in its home state.”