The bill signing marks a “capstone achievement in a remarkable year for fantasy sports,” Nigel Eccles, CEO of New York City–based FanDuel, Inc. said in a statement posted Wednesday on the FanDuel website.
“Last fall, amidst national controversy, some pundits put fantasy sports on death watch. But when the calendar turned to 2016 and fantasy sports fans had the opportunity to be heard and legislators had the opportunity to act, the dynamic quickly shifted, and one by one states began to recognize this is a game loved by millions — millions who should be able to play and deserve the basic protections afforded to consumers in all major industries,” said Eccles.
In a posting on its Facebook page, Jason Robins, CEO of Boston, Massachusetts–based DraftKings, said the company is “thrilled” that Cuomo has signed the bill.
(Sponsored)
National Labor Relations Board Bans “Captive Audience” Meetings
Since 1948, the National Labor Relations Board respected an employer’s right to hold mandatory paid employee meetings during company time so that its views about unionization could be directly communicated
What Is Governance, Risk Management, and Compliance (GRC)?
As cyber threats grow in numbers and severity, regulatory bodies are developing new cybersecurity frameworks for businesses to adhere to. These frameworks vary by industry, and a new type of
“We are excited to have our DraftKings contests return to New York and bring the fun and excitement of [daily fantasy sports] back to our fans. We would like to thank our hundreds of thousands of New York supporters for their passion and loyalty over the past several months. Your hard work and efforts have made an incredible difference,” said Robins.
Contact Reinhardt at ereinhardt@cnybj.com
