Sen. Addabbo Introduces Bill Amendment To Expand Daily Fantasy Sports In New York

Written By Mike Mazzeo on March 24, 2022
Bill Expand Legal New York Daily Fantasy Sports

Sen. Joe Addabbo has introduced a bill amendment to expand daily fantasy sports in New York.

Bill S8628 would allow DFS platforms that were not operating in the state prior to Nov. 10, 2015, to apply for temporary permits in order to operate in the state pending approval by the New York State Gaming Commission.

“Obviously New York is a lot different than it was in 2015 when (former Sen.) Bonacic and that legislative body did their bill,” Addabbo said. “There were only two operators (FanDuel and DraftKings) then, and I just think there’s certainly a market for more operators now.”

Details of DFS bill in Senate

Currently, the NYSGC already allows for DFS operators to seek temporary permits. As it stands, any entity that offered DFS in New York prior to Nov. 10, 2015, are eligible to apply.

Addabbo’s proposal would essentially allow any other DFS operator to request temporary licensing. Even if they never offered fantasy sports in the Empire State to begin with.

This would be a standalone bill that Addabbo would try to get through after the April 1 state budget, with state legislative session running until June.

Additional operators could lead to more tax revenue for educational funding.

As per the 2015 bill language, according to Addabbo, New York daily fantasy sports operators pay a 15% tax rate on total gross gaming revenue (GGR).

New York DFS gets new life after favorable ruling

Daily fantasy sports was deemed constitutional in the state by the New York Court of Appeals on Tuesday following a long and arduous legal battle.

Essentially, DFS earned the definition — under the 2016 law — as a game of skill as opposed to a game of chance, such as gambling.

Currently, 15 DFS operators have obtained temporary permits to offer fantasy sports in New York:

  • DraftKings
  • FanDuel
  • Yahoo
  • Fantasy Draft
  • Draft
  • Synkt Games, Inc. d/b/a letsRUMBL
  • Fanamana, Inc.
  • DataForce, LLC
  • RealTime Fantasy Sports
  • For Players By Players
  • Vauntek, Inc.
  • Sports Hub Technologies
  • MastersFantasyLeagues.com
  • Boom Fantasy
  • Fulltime Fantasy Sports, LLC

Two other major gaming issues — the three downstate casino licenses and the minority inclusion/online sports betting operator expansion — await their fates as part of the negotiations as the April 1 deadline nears.

Photo by AP / Eric Risberg
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Mike Mazzeo

Mike Mazzeo is the Lead Writer for PlayNY, arriving after covering several of New York's professional sports teams in a variety of roles for the past decade. Previously, he served as a beat writer and columnist covering the Brooklyn Nets (ESPN) and New York Yankees (New York Daily News). Mike also covered both the MLB and NBA nationally for Yahoo Sports. In addition, he served as a general assignment reporter for ESPN NewYork.com. He has also had bylines in the New York Times, New York Post, Newsday, Forbes and The Ringer. With PlayNY, Mike brings extensive coverage and unique story angles to what is projected to be one of the biggest and most lucrative online sports betting markets in the country. It's been an arduous and confounding process to get here, but 20 million New Yorkers (many of them die-hards) are now legally able to bet on their favorite sports teams across the state via online and mobile platforms.

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