WENY News - NY Officials To Study Revenues From Daily Fantasy Sports

NY Officials To Study Revenues From Daily Fantasy Sports

Posted: Updated:

 ALBANY, N.Y. (AP) - New York lawmakers want to know how much money the state is making off daily fantasy sports.
  
A committee of the state Assembly will meet Wednesday in Albany to review the status of the online games and their impact on the state's finances.
  
Two years ago, lawmakers passed new regulations for daily fantasy sports to resolve concerns that daily fantasy sports companies were engaging in false advertising and illegal gambling.
  
The Legislature also imposed new fees and taxes on the industry.

Powered by Frankly
All content © Copyright 2000 - 2018 Frankly and WENY. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.