By Rich Kirchen A Wisconsin state Assembly representative who plays daily fantasy sports — best known lately through the brands DraftKings and FanDuel — will circulate a draft bill for the state to enact regulations on the fast-growing industry. State Rep. Tyler Vorpagel (R-Plymouth) describes his bill as providing consumer protections and addressing a new technology that has become popular … Read More
Fantasy League Act not just a figment of someone’s imagination
By Randy Krehbiel A lot of legislation filed by Oklahoma legislators may read like fantasy, but a bill dropped in the hopper for this session actually has the word in its title. House Bill 2278, otherwise known as the Oklahoma Fantasy League Act, is no figment of Rep. Justin Wood’s imagination. It addresses very real issues surrounding the big business … Read More
Daily fantasy sports: Here to stay in Minnesota?
By Jason Gonzalez The Legislature is expected to take up the growing conundrum surrounding daily fantasy sports (DFS) when Minnesota lawmakers convene for the year March 8. But other state officials have neither the plans nor the jurisdiction to make splashier moves banning daily fantasy sports, as three high-profile states have done in recent months. On Tuesday, Texas became the … Read More
Fantasy Sports Trade Association President: ‘We Need To Formally Legalize Fantasy Play In 50 States’
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 … Read More
Mark Cuban stands up for daily fantasy sports industry
By Brent Schrotenboer Dallas Mavericks owner Mark Cuban has reached a verdict on certain politicians in New York, Illinois and Texas. They’re wrong about daily fantasy sports, he said. “Absolutely wrong.” Since October, the attorneys general in each of those states have declared that paid daily fantasy sports games are illegal under state gambling laws. New York is even going … Read More
Texas attorney general has no business determining legality of daily fantasy sports
By: James C. Ho Texans love football. For millions of us, that means not just watching football — but playing fantasy football, too. State attorneys general in New York and Illinois, however, have taken controversial actions to prevent their citizens from playing fantasy sports. Texans are asking whether the same could happen here. Based on my experience, it would be … Read More
New York Daily Fantasy Players in Game for NBA, NHL Playoffs
by Chris Dolmetsch / Bloomberg Daily fantasy sports players won’t be shut out of the National Basketball Association and National Hockey League playoffs after a state appeals court allowed the two biggest sites to continue operating while they fight the attorney general’s claim that they’re illegal gambling operations. A panel of state appellate judges on Monday put a hold on a December … Read More
MLB, NBA commissioners voice support for regulating FanDuel, DraftKings
by Andrew Wallenstein / Boston Herald Major League Baseball commissioner Rob Manfred and National Basketball Association commissioner Adam Silver voiced their support for regulating fantasy-sports websites FanDuel and DraftKings in a joint appearance at CES on Thursday morning. Citing the mounting legal challenges faced by these fast-growing businesses, the commissioners noted they were monitoring fantasy sports very closely and that they … Read More
New York’s Fantasy Fraud
by Opinion / Wall Street Journal The NFL season ended poorly for New York football fans, and state Attorney General Eric Schneiderman is piling on with new fraud charges in his blitz against fantasy sports sites DraftKings and FanDuel. Daily fantasy sports have been operating legally in New York and most states for nearly a decade and attracted such investors as … Read More
Daily fantasy sports regulation bill passes California committee
byJeremy B. White / Sacramento Bee California lawmakers moved Wednesday to regulate the booming daily fantasy sports industry despite uncertainty around whether the contests are a form of gambling and if the Legislature has authority over the issue. Read more here.