## Daily Fantasy Sports Platform, Boom Fantasy, Approved in New York
The Empire State’s gaming landscape just got a thrilling boost! Boom Fantasy, a platform revolutionizing the daily fantasy sports arena, has been granted a license by the New York State Gaming Commission. This development allows New Yorkers to engage in Boom’s distinctive fantasy competitions, perfectly timed for the start of the NFL season.
Departing from industry titans such as FanDuel and DraftKings, Boom abandons the intricate salary cap structure. In its place, they’ve crafted a more streamlined, fast-paced encounter. Participants can swiftly assemble lineups based on readily comprehensible statistics like touchdowns and receiving yards, vying for substantial cash rewards.
This announcement follows a prosperous period for Boom. In May, they secured upwards of $2 million in seed funding, enabling them to acquire resources from Draftpot, another daily fantasy sports provider. Notable entities like Founders Fund and influential figures from ESPN and MLB are supporting their concept.
“We are ecstatic to finally present daily fantasy sports enthusiasts in New York with an enticing alternative to the conventional salary cap contests,” remarked Stephen A. Murphy, Chief Executive Officer of Boom Fantasy. “The daily fantasy sports sector is primed for transformation, as the core format of salary cap contests has remained stagnant for over ten years.”
The New York gaming authority granted approval for this endeavor following a comprehensive assessment. They recognized its unique and engaging approach to daily fantasy sports, a feat other companies hadn’t fully achieved. This authorization permits them to officially conduct business within New York.
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