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11 states could regulate daily fantasy sports by year's end

11 states could regulate daily fantasy sports by year's end

posted on May 26, 2016 by

As many as 11 states may adopt regulations permitting and regulating daily fantasy sports by the end of the year. Six states have passed bills to regulate daily fantasy sports so far, and five more may do so soon.

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Illinois panel approves daily fantasy sports regs

Illinois panel approves daily fantasy sports regs

posted on May 19, 2016 by

An Illinois Senate panel has approved regulations for daily fantasy sports websites to address concerns stemming from a state opinion that said such wagers are illegal under current law.

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Salerno could be making fantasy a reality in Nevada

Salerno could be making fantasy a reality in Nevada

posted on May 17, 2016 by

Gaming Insider | Hall of Fame bookmaker Vic Salerno’s bid to bring daily fantasy sports wagering to Nevada using a pari-mutuel platform is scheduled to go before Nevada gaming regulators in June.

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MGM Resorts gives DFS testimony before Congress

MGM Resorts gives DFS testimony before Congress

posted on May 13, 2016 by

The fast growing pastime that is daily fantasy sports betting will benefit from a healthy dose of clarity. It needs to be freed from the tangle of conflicting rules and thoughts about what it is or is not. It needs clearly stated consumer protections.

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Idaho bans daily fantasy sports activity

Idaho bans daily fantasy sports activity

posted on May 04, 2016 by

Idaho has become the most recent state to order an end to betting on daily fantasy sports contests. DraftKings and FanDuel have agreed to stop providing the service to Idaho residents.

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Rhode Island official reacts to DFS conflict

Rhode Island official reacts to DFS conflict

posted on May 02, 2016 by

The Rhode Island Ethics Commission has OK’d a plan by the governor’s chief of staff to isolate himself from any work involving the state’s rules for online daily fantasy sports betting because his wife works for the industry.

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Ill. House approves legislation that may legalize DFS betting

Ill. House approves legislation that may legalize DFS betting

posted on April 21, 2016 by

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.

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DFS law takes shape in Tennessee

DFS law takes shape in Tennessee

posted on April 20, 2016 by

Daily fantasy sports betting may become legal in Tennessee, according to action taken by the House after the state’s attorney general ruled that the contests are illegal gambling under current law.

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Gaming patent wars as CG Technology goes after DFS

Gaming patent wars as CG Technology goes after DFS

posted on April 19, 2016 by

The Analyst | With the recent lawsuits over patent infringements filed by CG Technology (CG), formerly known as Cantor Gaming, against DraftKings and FanDuel, my first thoughts were, jeez what a bad couple of years for the two major fantasy sports contest companies.

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Maryland fails to approve DFS legislation

Maryland fails to approve DFS legislation

posted on April 13, 2016 by

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

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Favorites off to a strong start in MLB betting

Favorites off to a strong start in MLB betting

posted on April 12, 2016 by

The Net Result | Bookmakers could well be playing catch-up against professional baseball bettors, as reported major league steam got off to a red-hot start to the season, according to line monitoring services that track such action.

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Missouri weighs Daily Fantasy Sports

Missouri weighs Daily Fantasy Sports

posted on April 12, 2016 by

Missouri House members this week took action to be among the first states to pass laws protecting daily fantasy sports, a business that has fallen under national scrutiny by state lawmakers and attorneys general.

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Colorado may endorse fantasy sports

Colorado may endorse fantasy sports

posted on April 07, 2016 by

Colorado may be joining the game of regulating fantasy online sports leagues that pay jackpots. A House committee started work this week on a bill to create a new state Office of Fantasy Sports.

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Missouri House advances rules on daily fantasy sports

Missouri House advances rules on daily fantasy sports

posted on April 06, 2016 by

The Missouri House is advancing a bill to allow daily fantasy sports and exempt the practice from gambling regulations. The House in a voice vote Tuesday gave the legislation initial approval.

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Illinois considers legalizing daily fantasy sports betting

Illinois considers legalizing daily fantasy sports betting

posted on April 06, 2016 by

Illinois lawmakers are to debate legalizing daily fantasy sports betting as they rush to try to meet a Friday deadline to advance dozens of bills out of committees.

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Alabama AG: Paid online fantasy sports sites are illegal

Alabama AG: Paid online fantasy sports sites are illegal

posted on April 06, 2016 by

Alabama’s attorney general says online fantasy sports betting sites are illegal according to state law. Alabama Attorney General Luther Strange said in a statement Tuesday that his office has issued cease and desist letters to DraftKings and FanDuel. 

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Big startup fees hurt small DFS firms

Big startup fees hurt small DFS firms

posted on March 28, 2016 by

Smaller companies in the expanding fantasy sports industry could be devastated by the five- and six-figure entry fees in new legislation passed by states trying to regulate the business.

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DraftKings ready for Massachusetts

DraftKings ready for Massachusetts

posted on March 25, 2016 by

DraftKings, Inc. today announced its plan to fully comply with the final regulations put forth by Massachusetts Attorney General Maura Healey, signaling the company’s ongoing commitment to consumer protections.

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Maryland to let voters decide on Fantasy betting

Maryland to let voters decide on Fantasy betting

posted on March 24, 2016 by

Maryland would become the first state to let voters decide whether the popular but controversial phenomenon of fantasy sports betting is fully legal, under bills now pending in the legislature.

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Measure to put fantasy sports betting on ballot advances

Measure to put fantasy sports betting on ballot advances

posted on March 23, 2016 by

Maryland voters would decide whether to allow daily fantasy sports betting, under a bill moving forward in the legislature. The Senate gave preliminary approval to two measures Tuesday.

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