New York has a statutory ban on sweepstakes casino operations and has been an active enforcement jurisdiction, including $15M and $17.5M DFS settlements with PrizePicks and Underdog Fantasy respectively.
What this means for operators
Reasoned legal opinion
A reasoned legal opinion from Apparently covers all 50 states — including New York — with jurisdiction-by-jurisdiction analysis of applicable gambling, lottery, promotional sweepstakes, and consumer protection laws. The conclusion is supported by the full analytical work, so operators, investors, and financial institutions can all independently rely on it.
A reasoned legal opinion covers all 50 states — including New York — with full statutory analysis, enforcement history, and risk classification.