Sentences with phrase «fantasy sports operators»

Still, the changes to include a season - long fee could come at the detriment of the smaller fantasy sports operators in the state.

Republican Robert Ortt of North Tonawanda says there's a pending agreement involving one of the major daily fantasy sports operators that would provide an economic boost for Western New York.

The legislation comes after Attorney General Eric Schneiderman filed a legal challenge against major fantasy sports operators in New York, charging they were running games of chance, illegal under the state's constitution.

«We've carved out a piece for Yahoo which is a little different than the big fantasy sports operators and we've carved out a piece for the little fellows, so we're trying to make it accommodating to everyone that engages as a business in fantasy sports,» said Sen. John Bonacic, the Republican who chairs the Senate's Racing and Wagering Committee.

After fantasy sports operators DraftKings and FanDuel announced they would no longer operate in New York following a legal dispute with Attorney General Eric Schneiderman, some lawmakers now are talking of regulating the activity in the budget and gain some revenue in the process.

Daily Fantasy Sports & Other Betting Attorney General Eric Schneiderman had barely announced his suit against major fantasy sports operators FanDuel and DraftKings for violating the state's gambling laws before legislators rushed to promise to legalize the practice.

But, as online sports wagering is regulated in Australia, the legal environment for daily fantasy sports operators here has been far less complex.

It was a major threat to the future of the exploding daily fantasy sports industry, and it led a number of smaller daily fantasy sports operators, who were not sent any letter from Schneiderman, to promptly cease business in New York.

Schneiderman last year filed a legal challenge to major fantasy sports operators, arguing the companies in New York act as «games of chance» — outlawed under the state's Constitution.

Last month, Nevada's Gaming Control Board ruled that daily fantasy sports operators (including Yahoo and all the smaller players too) are gambling operators and that, as such, they must obtain gambling licenses to continue offering paid contests in the state.

At 2 p.m., a group including the Brooklyn Chamber of Commerce, Fantasy Sports For All and representatives from New York tech firms, fantasy sports operators, and players will hold a press conference to urge state lawmakers to pass fantasy sports legislation, City Hall steps, Manhattan.

DraftKings, FanDuel and three other daily fantasy sports operators were cleared to resume business in New York yesterday, just in time for the approaching NFL season and Major League Baseball playoffs.

With football season now underway, daily fantasy sports operators are back in business in New York and finding ways to compete with one another after it was legalized following a court challenge from Attorney General Eric Schneiderman.