August 4, 2016

New York Governor signs daily fantasy sports bill, DraftKings and FanDuel can operate again

PHILADELPHIA, PA - JULY 28: New York Governor Andrew Cuomo (D-NY) delivers remarks on the fourth day of the Democratic National Convention at the Wells Fargo Center, July 28, 2016 in Philadelphia, Pennsylvania. Democratic presidential candidate Hillary Clinton received the number of votes needed to secure the party's nomination. An estimated 50,000 people are expected in Philadelphia, including hundreds of protesters and members of the media. The four-day Democratic National Convention kicked off July 25. (Photo by Alex Wong/Getty Images) Back in June on the last day of the New York Assembly's legislative session, the state passed a bill legalizing daily fantasy sports, paving the road for the return of incumbents DraftKings and FanDuel to resume operating in the state. The next week we sat down with DraftKings CEO Jason Robins, who explained that passing the bill was so important because it not only meant his… Read More

Source: TechCrunch