Massachusetts Set to Approve DFS Bill
Daily Fantasy Sports (DFS) could soon fall under the iGaming category in Massachusetts as this US state continues to debate on a legislation.
New DFS Bill
iGaming industry continues to be a hot topic for Massachusetts legislators who are currently analyzing its legalization. A special commission has most recently proposed a new Bill that deals with Daily Fantasy Sports which could very well become an online gaming modality.
Massachusetts Special Commission on Online Gaming, Fantasy Sports Gaming and Daily Fantasy Sports have all voted in favour of this new measure which could take full effect as of August 2018.
The predetermined timeline is set as a deadline for the state to approve iGaming bills that are currently being debated upon.
Massachusetts has thus far considered Daily Fantasy Sports as ‘game of skills’ which has thus far allowed DFS operators to place their legal platforms around the gambling regulations and the newly proposed set of rules has understandably had a negative effect in the community.
Not Everyone’s Happy
The local Daily Fantasy Operator, DraftKing, claims the latest report coming from the commission runs directly against the economic development law.
“While this commission report is merely a recommendation, it runs directly counter to the economic development law that overwhelmingly passed last year designed to promote the state’s Innovation Economy. The commission’s actions, as we and our partners in the fantasy sports industry pointed out time and time again, could restrain our company’s ability to thrive and create jobs here in Massachusetts.”, a statement issued by DraftKing reads.
DraftKing believes that if these recommendations were to be accepted they would put them in every other state in the country when it comes to DFS regulations.
“We urge Governor Baker, Speaker DeLeo, Senate President Rosenberg, and rest of the Legislature to reaffirm their commitment to Massachusetts start-ups and reject these ill-advised recommendations in whatever legislation is finalized.”, the statement adds.