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Associated PressMarch 7, 2016

The daily fantasy sports debate has spilled into state capitols nationwide, with nearly 30 legislatures including Arizona’s considering proposals to regulate, ban or affirm the games played by millions of Americans. The flurry of recent legislative activity represents a sea change for the industry, which for years was content to operate largely unregulated. “We’ve been […]

Jac VerSteegFebruary 17, 2016

Sen. Joe Negron’s SB 832 declares that “fantasy contests” — meaning endeavors such as DraftKings and FanDuel — “involve the skill of contest participants and do not constitute gambling, gaming or games of chance.” Negron, R-Stuart and a Senate-president-to-be, would regulate this non-gambling via a newly created Office of Amusement. It’s not “gambling,” it’s an […]

Associated PressFebruary 11, 2016

Daily fantasy sports companies say their industry remains viable despite a rocky start to 2016. The industry’s top companies, DraftKings and FanDuel, are on the defensive after taking hits to their businesses in recent weeks as scrutiny by state policymakers across the country continues to intensify. This week, it was disclosed that ESPN and DraftKings […]

Associated PressFebruary 1, 2016

An Ohio company that processes payments for daily fantasy sports sites says it will no longer handle their payments and will pull away from the $2 billion industry in February, according to a newspaper report. FanDuel, DraftKings and other daily fantasy sports sites have been under assault in recent months as attorneys general in several […]

Jim RosicaJanuary 27, 2016

A bill to legalize and regulate fantasy sports play in Florida cleared its first Senate review panel on Wednesday. The Regulated Industries Committee OK’d the “Fantasy Contest Amusement Act” (SB 832) with only two ‘no’ votes from Sen. Gwen Margolis, a Miami Democrat, and committee chairman Rob Bradley, a Fleming Island Republican. The bill states that “fantasy […]

Jim RosicaJanuary 26, 2016

State Sen. Joe Negron has filed a new version of his bill to legalize and regulate fantasy sports play in Florida, including a provision to create a new “Office of Amusements.” Negron, a Stuart Republican and Senate President-designate, filed the new “Fantasy Contest Amusement Act” (SB 832) on Tuesday. It grew from four to 12 pages. […]

Peter SchorschJanuary 25, 2016

One of the hottest issues facing lawmakers in the 2016 Legislative Session is the regulation of the daily fantasy sports industry. Moving toward that goal is HB 707: Fantasy Contests, sponsored by state Rep. Matt Gaetz, has recently move out the Business & Professions Subcommittee, its first stop in the Florida House. What the bill seeks to […]

Jim RosicaJanuary 15, 2016

One of the Legislature’s most stalwart opponents to gambling and its expansion in the Sunshine State nonetheless voted for a House bill that would explicitly legalize fantasy sports play in Florida. State Rep. Scott Plakon, a Longwood Republican, sits on the House Business and Professions Subcommittee that OK’d the bill (HB 707) by a 10-3 vote earlier […]

Jim RosicaJanuary 12, 2016

A House bill that would explicitly legalize fantasy sports play in Florida cleared its first committee on Tuesday. The House Business and Professions Subcommittee OK’d the bill (HB 707) by a 10-3 vote. Florida is among many states struggling with whether to regulate fantasy sports, and if so, how. Current Florida legislation would require fantasy operators to register […]

Associated PressJanuary 1, 2016

New York’s attorney general has filed a lawsuit asking FanDuel and DraftKings to give back all the money they made in the state, the latest salvo in an ongoing clash with a pair of increasingly popular daily fantasy sports websites. The amended lawsuit — filed Thursday, just days before a key court date in the […]

Tag: FanDuel

State legislatures see flurry of daily fantasy sports bills

Jac VerSteeg: Fantasy sports aren’t gambling? How amusing

Fantasy sports companies defend embattled industry

Daily fantasy sports losing major payment processor

Senate panel clears fantasy sports bill

New fantasy sports bill would create “Office of Amusement”

5 questions for Fantasy Sports Trade Association after DFS bill first committee stop

Scott Plakon: Fantasy sports play legal “under current law”

Fantasy sports bill clears House committee

New York sues to get DraftKings, FanDuel to return money