Governor signs law to allow daily fantasy sports in New York

Governor signs law to allow daily fantasy sports in New York

Updated Mar. 4, 2020 2:09 p.m. ET

ALBANY, N.Y. (AP) Gov. Andrew Cuomo has signed a new law to allow the resumption of daily fantasy sports in New York.

The measure calls the popular online contests a ''game of skill.'' That legal definition resolves the central argument in a lawsuit brought against the country's two top fantasy sports companies by the state attorney general. He had likened the online matches to illegal gambling operations based on chance.

In March, New York-based FanDuel and Boston-based DraftKings agreed to stop operations in New York pending the passage of a law that would resolve the ambiguity.

But under the stipulation with Attorney General Eric Schneiderman, they couldn't start operating again until Cuomo signed the bill into law.

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