New York S02617 amends the racing, pari-mutuel wagering, and breeding law to redefine interactive fantasy sports contests and gross revenue.
New York S02617 amends the racing, pari-mutuel wagering, and breeding law to redefine interactive fantasy sports contests to include those where participants select whether athletes will accumulate more or less than a target score set by an operator. It provides a definition for interactive fantasy sports gross revenue, which is the total of all entry fees collected from all players, less the total of all sums paid out as winnings to all players, multiplied by the resident percentage for New York state.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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