Maryland fails to approve DFS legislation

Maryland fails to approve DFS legislation

April 13, 2016 10:55 AM
by

share

Maryland fails to approve DFS legislationMaryland lawmakers failed to get the necessary approval needed to legalize and regulate daily fantasy sports betting during the current session of the legislature.

House Speaker Michael Busch said Tuesday there were too many unanswered questions about the emerging industry to act.

Maryland passed legislation in 2012 authorizing fantasy sports betting. But the measure was tailored to small social groups before commercial companies like DraftKings and FanDuel became popular.

Maryland also has a constitutional amendment on gambling. One bill that failed would have put the issue on the ballot for voters to decide. Another would have banned the practice.

A DraftKings spokesman, says the company looks forward to working with lawmakers and regulators to protect players in Maryland.

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