New Jersey lawmaker wants fantasy sports regs

New Jersey lawmaker wants fantasy sports regs

November 04, 2015 11:54 AM
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New Jersey lawmaker wants fantasy sports regsAdd New Jersey to the list of U.S. jurisdictions that have decided to take long, hard looks at fantasy sports wagering.

State Sen. Jim Whelan, a former Atlantic City mayor, says he will introduce a bill that would oversee daily fantasy sports action in New Jersey. The state is currently waging a federal court battle that could bring sports betting to its casinos.

Whelan’s action comes as gaming regulators and lawmakers in a growing list of states have also decided to take the sort of action that could make the game playing a regulated contributor to state revenue while it taps a surging consumer appetite among consumers for fantasy wagering.

Few officials at any level appear to disagree with the need for regulation as they keep doors open to its expansion. Nevada’s Gaming Control Board has ruled that companies wanting to offer it in Nevada must acquire a sports book license. Massachusetts and Pennsylvania have discussed enacting their own rules. A New York assemblyman has introduced a bill to add fantasy sports to the state’s gambling code regulations.

Whelan says he does not believe government should impede a person’s enjoyment of fantasy sports. “However, we need to ensure that fantasy sports competition is fair, impartial and transparent to everyone,” he said in a letter to the state’s Division of Gaming Enforcement.

Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: PhilHevener@GamingToday.com.

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