Fantasy Sports Trade Association President: ‘We Need To Formally Legalize Fantasy Play In 50 States’

acquireUncategorized

By Dustin Gouker

Fantasy Sports Trade Association president Paul Charchian spoke to open the FSTA Winter Conference on Wednesday, saying he believes the fantasy sports industry and daily fantasy sports will be on firm, legal footing in more than 40 states in a few years’ time.

The FSTA opened in Dallas against the backdrop of Texas Attorney General Ken Paxton issuing an opinion that DFS is gambling.

FSTA aims for legal clarity

Obviously, legal issues and regulatory efforts are by far the biggest issue on fantasy sports companies’ agendas, and Charchian acknowledged that in his comments in front of an audience of hundreds in Dallas.

“We need to formally legalize fantasy play in 50 states. It’s a big job,” Charchian said.

Read more here