Fantasy sports should be legalized, taxed, and regulated, the New York State Assembly decided Friday in a 91 to 22 vote. The bill, which has yet to pass the state senate, is expected to undergo debate in the upper chamber Monday, after which it will proceed to the governor's desk for signature. Gov. Andrew Cuomo has not stated whether he intends to sign or veto.
Supporters of the measure, which distinguishes sports sites like DraftKings from illegal gambling, called the vote a "touchdown" and highlighted the fact that new tax revenues from the fantasy sports industry will support public education.
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