Florida Senate committee approves DFS rules

Florida Senate committee approves DFS rules

January 29, 2016 9:49 AM
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Florida Senate committee approves DFS rulesThe daily fantasy sports industry won an important battle in the Florida Senate as the Regulated Industries Committee approved a plan to legalize and regulate DFS contests.

Senate President-designate Joe Negron sponsored the measure that survived the usual debate about whether success with fantasy sports is based primarily on skill or chance.

Negron’s position is that, no, daily fantasy sports contests are not about gambling. They are a form of “amusement,” he said. The bill will establish an Office of Amusements and set up an Office of Amusements and a regulatory framework and the authority to suspend a license if any misconduct is found.

Committee Chairman Sen. Rob Bradley said he has no interest in criminalizing people who play fantasy games, but DFS action certainly sounds like gambling to him.

The bill was approved with only two senators voting against it.

Marc Dunbar, a lawyer representing the Stronauch Group, which owns Gulfstream Park, said daily fantasy sports is a $4 billion a year business operating in a way that sounds a lot like Gulfstream’s wagering platform.

He wondered what’s to stop fantasy games from including live horse races some day?

The daily fantasy sports issue  a package of ruklesis attracting opinions that fall on either side of the argument as influential forces including attorneys general continue their reviews.

The California Assembly has approved a package of rules that are now under review in the Senate. Massachusetts Attorney General Maura Healey’s office  has also said she has no problem with fantasy sports if the necessary regulations are in place.

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