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Bets Are Off In NY? Regulators Seek To Exclude Prop Betting From Fantasy Sports Law by Dustin Gouker

The New York State Gaming Commission is seeking to limit what a 2016 fantasy sports law allows via draft regulations, according to a copy of the document obtained by Legal Sports Report.

The limitations would seek to prohibit any fantasy contest that resembles “proposition betting.” Such a model is different from the salary-cap model employed by DraftKings and FanDuel where users select a roster of players.

It’s a move that is opposed by state Sen. John Bonacic — who sponsored the bill legalizing daily fantasy sports — in a letter to the gaming commission also obtained by LSR.

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