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Legal Sports Report

State legislatures see flurry of daily fantasy sports bills

in Statewide/Top Headlines by

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 operating in this gray area for a long time, and, up until now, it hasn’t really been a problem,” said Peter Schoenke, chairman of the…

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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 CBS has quietly withdrawn.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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