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Fantasy Sports Rules

November 20th, 2015 by flanews

Mounting legal issues have daily fantasy sports websites like draftkings and fanduel fighting legal battles in states like New York and Massachusetts, but as Matt Galka tells us, Florida legislators are scrambling to keep it legal here.

Nevada says its gambling. New York says they can’t operate in the their state.  But daily fantasy sports websites DraftKings and FanDuel aren’t slowing down in Florida.

 

Two influential lawmakers filed bills to keep the websites up and running – and legal – in the state.

Senate President in waiting Joe Negron and State Rep Matt Gaetz have legislation that would regulate the industry.  Rules include registering with the Department of Agriculture and Consumer Services and preventing certain people from exchanging info.

“It’s no different to me than a bowling league that players pay 25 dollars for and get prizes at the end. Fantasy sports is a game of skill,” said Sen. Negron.

House Majority leader Dana Young says she’s on board.

“This is a recreational activity by more than three million people in our state play. And I am absolutely fine with it, but I do think that because there have been some questions in other states on some of the rules, I think we should regulate it and make sure that it’s fair for the people who play,” she said.

Daily fantasy sports sites like DraftKings and FanDuel are asking players in the state to support the bills.

The Fantasy Sports Trade Association is backing the proposals along with throwing money at lawmakers.

Daily fantasy sports is estimated to be a nearly $30 billion dollar business around the country.

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