Legislature should act on behalf of fantasy sports

Shelby TaussigUncategorized3 Comments

Cal Spears 1:41 p.m. CDT April 18, 2016

We need legislation in place to protect this hobby and those who play it. Ensuring a level playing field should be a priority.  Legislation should protect player funds and ensure that all prizes are paid out.  Regulations should also protect irresponsible players from themselves, with deposit caps or similar precautions.  The proposed legislation that has already passed the Senate is incredibly thorough on the consumer protection front.

Cal Spears is the co-founder of RotoGrinders, a Nashville-based community and strategy website for daily fantasy sports players.

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3 Comments on “Legislature should act on behalf of fantasy sports”

  1. Mississippi’s Governor signed a bill LEGALIZING FANTASY SPORTS IN MS on 4/13/16 and I notified DraftKings of this on that date. The response I got back from DK was a waste of time. More like a form letter and since they have no phone number, there’s no way to actually talk to anyone. This bill was passed by the Legislature and signed by the Governor due in large part to a massive effort on the part of me and a number of other MS fantasy players specifically to allow DK to “re-approve” our playing. DK seems to want to make headlines with this citizen action initiative, but when we succeed they don’t seem to have the management infrastructure to take any remedial actions. What’s up with that? By the way, we worked hard to ensure that the bill legalizing the contests in our state did NOT include any kind of “east coast extortion” such as paying exorbitant “licensing fees” so DK should have been tickled with what we got passed. The regulatory requirements associated with the new LAW consist basically of simply providing annual audits verifying the programs are free of insider manipulation or procedures designed to “screw the novice player”. If I sound angry, it’s because I am. I realize that it might take DK a short time to review the new law and re-open our state, but the BS response I received when I reported the passage of the law to DK is really what angered me. Whether it will do any good or not, I am linking this post to the actual text of our law that I think would be a good model for any other state legislatures looking to help us get the states out of our business. The new MS law can be seen at http://billstatus.ls.state.ms.us/2016/pdf/history/SB/SB2541.xml

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