New York this year:
"Damn, look at all that revenue those two sites are raking in from our citizens and we aren't getting one red cent of it. We gotta stop this."
New York next year:
"New York is proud to announce Empire State Fantasy Football! State-run and regulated (and taxed) because we care about protecting and safeguarding our citizens."
"Damn, look at all that revenue those two sites are raking in from our citizens and we aren't getting one red cent of it. We gotta stop this."
New York next year:
"New York is proud to announce Empire State Fantasy Football! State-run and regulated (and taxed) because we care about protecting and safeguarding our citizens."
haha, that might be true
It is pretty big news though I mean I wonder how much of a hit this is going to be. The NFL really promotes the crap out of these sites.Apparently, the hit would be 500,000 New York consumers worth:
FanDuel And DraftKings Fight Back, File Lawsuits Against NY Attorney General
http://techcrunch.com/2015/11/14/fanduel-and-draftkings-fight-back-file-lawsuits-against-ny-attorney-general/
Today, we have taken decisive legal action to prevent a unilateral, misinformed and legally misguided attempt by the New York Attorney General to act as judge, jury and executioner for daily fantasy sports in New York. We are asking the New York Supreme Court to rule that the Attorney Generals cease-and-desist letter is unconstitutional, an abuse of discretion, and simply wrong. We are confident in our legal position and intend to continue to fight to preserve the right of the over 500,000 New York consumers to play the fantasy sports games they love. DraftKings
Ha, good for them. More power to them. I hope they win. They can certainly afford to pay the legal fees for sure.