New York’s daily fantasy sports hopes rise on reports of legislative deal

Daily fantasy sports fans in New York are trying not to get their hopes up after a key legislator suggested a deal had been reached to bring DFS back to the Empire State.

On Tuesday, state Sen. John Bonacic told the Buffalo News that legislators had “agreed upon a bill between the Assembly and the Senate on fantasy sports.” Bonacic said the compromise legislation would define DFS as a game of skill, thereby exempting it from the state’s ban on games of chance.

Local players have been without their DFS fix ever since DraftKings and FanDuel suspended real-money fantasy play in the state in March. Their exit came after a deal with state Attorney General Eric Schneiderman, who declared the operators persona non grata and commenced legal action against the companies last fall for operating illegal gambling sites.

New York stakeholders have been divided on bringing DFS in from the cold, with the operators of the state’s racetrack casinos expressing opposition unless DFS operators were required to partner up with a racino. Tuesday’s report said the compromise bill did not include such a requirement.