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Fantasy sports bill clears House committee

in Statewide/Top Headlines by

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 with the state and pay licensing fees, as well as verify that players aren’t minors. It’s a multibillion-dollar business, attracting nearly 57 million people a year…

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New poll shows strong support in Tampa Bay for daily fantasy sports

in Peter/The Bay and the 'Burg/Top Headlines by

Daily fantasy sports are not the same as traditional gambling, and should be allowed to continue, according to a new survey of Tampa Bay residents. Conducted last week by the Tampa Bay Times, the poll found strong support in both Hillsborough and Pinellas counties for DFS websites like FanDuel and DraftKings. A majority of respondents said they are not the same as casino gambling and should be allowed to continue operating. Of 605 registered voters polled, reporter William Levesque writes…

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New York sues to get DraftKings, FanDuel to return money

in Apolitical/The Bay and the 'Burg by

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 dispute — asks the two companies to return the money to users who lost it during 2015 and pay a fine of up to $5,000…

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No daily fantasy ads to run during college football playoffs

in Sports/Top Headlines by

College Football Playoff Executive Director Bill Hancock says ESPN has agreed to not use advertisements for daily fantasy sports websites during broadcasts of the biggest postseason games. Hancock said College Football Playoff officials discussed the matter with ESPN executives and both sides determined that given uncertainties about daily fantasy sports sites such as DraftKings and FanDuel, it “would be best to allocate the available spots to others.” The NCAA and FBS conferences asked DraftKings and FanDuel to stop offering college…

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Fantasy sports companies weigh leaving U.S. market – for now

in Apolitical/Top Headlines by

Yahoo remains active. CBS has quietly withdrawn. And lesser-known daily fantasy sports companies are scaling back. As industry leaders FanDuel and DraftKings fight to protect their lucrative enterprises, other companies offering daily fantasy sports are taking different approaches to how they operate as their new industry faces increased scrutiny. “The industry is pretty fragmented on the ‘should they stay or should they go’ issue,” said Chris Grove, editor of the Las Vegas-based Legal Sports Report, which focuses on sports wagering.…

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NFL commissioner Roger Goodell opposes fantasy leagues

in Sports/Top Headlines by

NFL commissioner Roger Goodell gave a thumb’s up to fantasy football on Sunday. But not the daily leagues run by FanDuel and Draft Kings. Speaking at a fan forum in Minneapolis, Goodell made a distinction between the two, calling season-long leagues “an opportunity to enjoy the game.” “Many people probably play here in this room,” Goodell said. “It’s for fun. It’s not about making money. It’s an opportunity to enjoy the game, and we encourage our kids to do it.…

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Massachusetts AG proposes tighter regs for fantasy sports

in Sports/Top Headlines by

Daily fantasy sports companies like FanDuel and Boston-based DraftKings would be allowed to continue operating in Massachusetts, but with age and advertising restrictions, disclosure requirements and other new rules proposed Thursday by the state’s attorney general. Maura Healey announced what she called an aggressive, first-in-the-nation plan to regulate the websites after her office spent several weeks reviewing whether the contests were legal in the state. “This is an industry that cries out for transparency and robust consumer protection,” she said.…

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