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The Stronach Group

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

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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 do is create a series of consumer protections and oversight for DFS operators. Highlights of the proposal include: fantasy sports operator employees and…

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

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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 this week. Does that mean Plakon, who led the drive to shut down Internet gambling cafes in 2013, thinks online fantasy sports is not gambling? He…

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Fantasy sports bill clears House committee

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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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