Latest insanity: Online 'DFS' tourney play up in air for NY residents

[kp319]

Originally Posted by pointman

Great.

There is no money grab that Cuomo doesn't like. Worst Governor New York has ever had, he can't go fast enough.

And he can take Schneiderman with him.

[ateamstupid]

"However, just prior to the bill being introduced, representatives of offtrack betting companies then pressed legislators to add another provision that would require racing fantasy sites to also pay 5 percent of the gross as a source-market fee to the OTB in the customer’s market area, Faraldo said. That led Midland to withdraw his support for any payments to the racing industry, and legislators then inserted the ban on racing fantasy sites, Faraldo said."

Albany politics in a nutshell. If there's not an undeserved kickback in there somewhere, you can't do business.

[jms62]

This sounds like extortion FFS. My dad was a pretty hardscrabble guy. We agreed on very little. Often times when **** happened I would hear " I wish they had a 1 day huntin(sic) season on (fill in the blank)" I chuckle cause I thought that about these corrupt politicians on this issue.

[pointman]

Originally Posted by kp319

And he can take Schneiderman with him.

Agreed, the worst kind of political hack. Reminds me of Spitzer.

Originally Posted by ateamstupid

"However, just prior to the bill being introduced, representatives of offtrack betting companies then pressed legislators to add another provision that would require racing fantasy sites to also pay 5 percent of the gross as a source-market fee to the OTB in the customer’s market area, Faraldo said. That led Midland to withdraw his support for any payments to the racing industry, and legislators then inserted the ban on racing fantasy sites, Faraldo said."

Albany politics in a nutshell. If there's not an undeserved kickback in there somewhere, you can't do business.

Absolutely, what a cesspool of corruption it is and that is both sides of the aisle. Interesting that the most corrupt government entity in NY which has never been run in the best interests of horse racing, OTB, seeks a windfall here. There is no justification for OTB to give a dime here as they are not expending anything that is costing them any money by legalizing contest play.

In fact, OTB is an outdated model which should be disbanded and consolidated to online wagering run by the racetracks, which incidentally has already been successfully done in the city of NY. Only in NY would a legalized corrupt patronage organization demand a higher share than the brick and mortar people who actually expend money to make the contests happen.

[pointman]

I just received this email from HorseTourney's:

"Last week, the governor of New York signed into law new legislation covering Daily Fantasy Sports (DFS) in the state. As part of the provisions, the new legislation prohibits fantasy-style games on horse racing.

While the exact legal status of horse racing tournaments is still open to question, after conferring with our legal counsel, we have made the determination that we must restrict play from New York residents at this time.

Effective immediately and until further notice, the following policies will be in place regarding play from New York residents at HorseTourneys:

(1) Players from New York may no longer withdraw funds from player accounts; any credit must be played only in contests at HorseTourneys. In other words, players from New York are prohibited from winning real money, including travel reimbursements that may be part of qualifying packages.

(2) Players from New York may continue to play in any events toward the pursuit of on-track/on-site qualifiers supported by the industry, such as the National Handicapping Championship (NHC) and other on-site events. Again, please be aware that New York residents may not withdraw travel allowances that may be included as part of any qualifying packages.

New York players with current account balances may make a one-time withdrawal up to the amount currently held in the player balance. There is no deadline for this request.

To make a withdrawal, players must email support@horsetourneys.com or fill out a Customer Support request form. Please include:

(1) The amount of the withdrawal requested
(2) Preference for either Check or PayPal (include Paypal email address); please note that bank transfers will not be available

We regret that changes in New York law have affected your participation at HorseTourneys. Please know that we are actively working on a long term solution to allow full online tournament playing privileges and will notify you as soon as any change to our policy in New York has been made.

Thank you for your understanding and for your patronage at HorseTourneys. Please let us know if you have questions."

It looks like at least for the time being we can play but cannot receive travel allowances or withdraw cash. I hope that this gets straightened out quickly but I do not have much hope considering the cesspool of corruption that sits in Albany.

[jms62]

Originally Posted by pointman

I just received this email from HorseTourney's:

"Last week, the governor of New York signed into law new legislation covering Daily Fantasy Sports (DFS) in the state. As part of the provisions, the new legislation prohibits fantasy-style games on horse racing.

While the exact legal status of horse racing tournaments is still open to question, after conferring with our legal counsel, we have made the determination that we must restrict play from New York residents at this time.

Effective immediately and until further notice, the following policies will be in place regarding play from New York residents at HorseTourneys:

(1) Players from New York may no longer withdraw funds from player accounts; any credit must be played only in contests at HorseTourneys. In other words, players from New York are prohibited from winning real money, including travel reimbursements that may be part of qualifying packages.

(2) Players from New York may continue to play in any events toward the pursuit of on-track/on-site qualifiers supported by the industry, such as the National Handicapping Championship (NHC) and other on-site events. Again, please be aware that New York residents may not withdraw travel allowances that may be included as part of any qualifying packages.

New York players with current account balances may make a one-time withdrawal up to the amount currently held in the player balance. There is no deadline for this request.

To make a withdrawal, players must email support@horsetourneys.com or fill out a Customer Support request form. Please include:

(1) The amount of the withdrawal requested
(2) Preference for either Check or PayPal (include Paypal email address); please note that bank transfers will not be available

We regret that changes in New York law have affected your participation at HorseTourneys. Please know that we are actively working on a long term solution to allow full online tournament playing privileges and will notify you as soon as any change to our policy in New York has been made.

Thank you for your understanding and for your patronage at HorseTourneys. Please let us know if you have questions."

It looks like at least for the time being we can play but cannot receive travel allowances or withdraw cash. I hope that this gets straightened out quickly but I do not have much hope considering the cesspool of corruption that sits in Albany.

Stinks for sure but at least you are still allowed to participate for NHC

[TheSpyder]

Only after making a couple nice hits did I find out you can't take money out in SC, the same rules apply, only can qualify for big Tourneys