New York Assemblyman Gary Pretlow has introduced his long-awaited bill to regulate daily fantasy sports (DFS) in the state, proposing a 15 per cent tax on revenue and three-year licences for eligible operators.
The bill, A10473, aims to amend the New York Racing, Pari-Mutuel Wagering and Breeding Law by adding a new article which covers the registration and regulation of online fantasy sports contests.
“This bill offers important consumer protections to ensure that all contests are safe [...]