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Thursday, February 25, 2016

Virginia state passes "Pro" Fantasy Sports legislation

All pretty straight forward provisions means this might come down to state versus state even after Supreme Court decision.

- http://www.bostonglobe.com/business/2016/02/24/fantasy-sports-bill-passes-needed-win-for-industry/naMyHgdHx2KrW8s7LsJqSJ/story.html?event=event25

Twenty-one state legislatures have introduced bills that would explicitly legalize daily fantasy contests and regulate the companies providing the games, according to a DraftKings tally of legislative action.

Lawmakers in California, Indiana, and West Virginia also have passed a fantasy sports regulatory bills out of at least one chamber, moving them closer to potentially becoming state law.

Kansas remains the only state to enact a law specifically exempting fantasy sports from gambling laws. That measure was passed last spring, months before the industry became the target of regulatory probes.

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