State Senator Michael H. Ranzenhofer (R-C-I, Amherst) has introduced legislation today to clarify fantasy sports leagues, such as DraftKings and FanDuel, as games of skill rather than games of chance.
“Time and time again, New York has stood in the way, whether by over-regulation or outright banning, of activities that are legal and enjoyed in most states across the country,” said Ranzenhofer. “This bill further protects the rights of businesses and individuals who wish to engage in this type of commerce in the state of New York.”
The bill, S.6092, adopts existing language used in Federal law regulating internet gaming with certain criteria to designate a game of skill. If passed by both houses of the State Legislature and signed into law by the Governor, it would take effect on the first of November next succeeding the date on which it shall have become law.
Senator Ranzenhofer believes existing law does not prohibit fantasy sports leagues.
“Participation in fantasy skills games is legal. Statements proclaiming fantasy sites as illegal are in contradiction to Federal law, as well as the existing definition for games of chance.”