Key Takeaways
- Permits allow the recipients to resume real money operations for New York citizens immediately.
- Under new laws, operators must pay a 15% tax on gross gaming revenue earned from New York citizens.
- The recipients of temporary permits include the giants FanDuel and DraftKings, as well as Yahoo, which launched its fantasy sports product in 2015, and FantasyDraft.
The Gaming Commission for New York State has issued five temporary permits to operators of Daily Fantasy Sports to allow real money contests.
Permits allow the recipients to resume real money operations for New York citizens immediately.
