Ill. House approves legislation that may legalize DFS betting
April 21, 2016 11:03 AM
by Phil Hevener
The Judiciary Committee of the Illinois House approved legislation by a 9-4 vote Wednesday that could legalize daily fantasy sports betting in the state and has sent the measure to the full chamber for a vote that could come this week.
But some lawmakers expressed concern about whether the bill has been properly vetted and its chances at full passage remain uncertain.
The proposal would regulate how the online businesses operate by dictating who can play and by taxing and charging operators licensing fees. Only people 21 and older could play and employees at the companies would be barred from participating in the contests.
Industry giants DraftKings and FanDuel have been lobbying for regulation around the country that would allow them to continue operating, after some states said that what they were doing amounted to illegal online gambling.
The companies support the legislation in Illinois, a state where they say 2 million people participate in the games. That makes the Illinois the third largest market for the contests, according to the Fantasy Trade Association, which represents DraftKings, FanDuel and 300 other operators.
Phil Hevener has been writing about the Nevada gaming business for more than 30 years. Email: PhilHevener@GamingToday.com.