to the prospects of legal sports betting. New Jersey already launched mobile sr max promo code sports betting as well, making it even more likely that New York will follow suit. Lawmakers are still calling for the commission to include mobile and online sports betting which is currently off the table. Daily fantasy sports basics in New York Daily fantasy sports is back and thriving in New York. Now that New Jersey won the Supreme Court sports betting case in May 2018, New York is free to move forward with single-game wagering once lawmakers and regulators decide what happens next. The, new York State Gaming Commission has regulatory jurisdiction over the states sports betting.
Daily fantasy sports and horse racing are legal and regulated in New York. If DraftKings and FanDuel had been forced to stay out of NY indefinitely, it would have been a major setback in terms of revenue and liquidity for both FanDuel and DraftKings. DFS is exempted from the part of the NY penal code dealing with gambling. That years ballot included a decision on a gaming package designed to stimulate the economy in the upstate region with four new casinos. Three major professional sports leagues the NBA, the NHL and Major League Baseball have equity in either DraftKings or FanDuel, and also have their headquarters in New York. A minimum age of 18 is established for players. The hearing seemed to indicate that New Yorks lawmakers are ready to move forward with broad legalization.