The states of Vermont and Ohio are also near legalising daily fantasy sports (DFS).
US.- The United States are moving forward with new legislations to regulate the gaming industry countrywide. As companies expect a soon legalisation of daily fantasy sports (DFS) and sports betting at federal level, the local press revealed Ohio and Vermont attempts to approve states’ laws allowing legal DFS operations.
According to Casino News Daily, administrations of both states seem to be closer to a final legislation on the online gaming services. In Vermont, the daily fantasy sports bill has already been approved by both the Senate and the House of Representatives and now it only requires the Governor Phillip Scott’s signature to come into force. The bill does not specify yet operating conditions such as tax regulations.
Meanwhile, the Ohio daily fantasy sports bill is more comprehensive and integrates specific details about tax and registration fee conditions, although it is still under debate in the Congress. The Ohio House Bill 132 has not been approved by the House Committee yet but officials are pushing for a final resolution soon.
Two of the leading daily fantasy sports brands in the United States, DraftKings and Fan Duel, have previously offered their gaming platforms in both states. DFS have been labeled as illegal in Vermont last year by the Attorney General’s Office. However, the government has not banned the websites neither commented on an upcoming effectiveness of the law.
In Ohio the current law prohibits any games of chance, although daily fantasy sports platforms have not been removed neither. Under the potential regulation, the Ohio Casino Control Commission would grant operating licenses to private companies, which would be required to pay US$30,000 as registration fee. The Commission would also manage the legal industry.