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FanDuel hails DFS legislation in New York as bill passes Senate committee

6th June 2016 7:41 am GMT

A bill introduced by Senator John Bonacic to regulate daily fantasy sports (DFS) in New York State has been referred to the Senate Finance Committee after passing a Racing, Gaming and Wagering vote last week.

Senate Bill S6793A would amend the New York Racing, Pari-Mutuel Wagering and Breeding Law to add new provisions covering the registration and regulation of online fantasy sports contests. It would tax licensees at 15 per cent of fantasy sports gross revenue, as well [...]

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