In a move to become the latest state to regulate daily fantasy sports (“DFS”), the Vermont Legislature has passed a bill defining fantasy sports games and directing the state attorney general and governor’s office to develop a registration fee and tax system for fantasy sports operators and players in the state. Additionally, the bill bars
daily fantasy sports
States Act to Regulate Fantasy Sports
By Kimberly Chow & Jason Gordon on
In attempts to lessen the uncertainty that still surrounds the legality of fantasy sports, Maryland and Florida introduced measures to clarify the rules of the road for the likes of DraftKings Inc. and FanDuel Inc. Maryland’s regulations, adopted by the state Office of the Comptroller, went into effect January 2, while Florida’s House of Representatives…
Big Leaguers: Daily Fantasy Sports Scores Major Legislative Victory in New York
By Michael E. Strauss & Jim Barbuto on
From the Stanley Cup to the NBA Championship, there were some major sports victories these last few weeks. Championship cities celebrated with fans flooding their streets for victory parades. But one sports victory—a win that without question affects far more fans than those in the Steel City and Cleveland—did not occur on the court or…