Mississippi House passed DFS bill

MISSISSIPPI

Daily fantasy sports (DFS) industry is near complete approval in Mississippi.

The second vote on the Daily Fantasy Sports Bill 967 will now be evaluated by the Senate.

US.- The Mississippi House of Representatives approved last Thursday the bill 967, which contemplates the regulation of daily fantasy sports (DFS). The first vote on the bill was held on Wednesday and was rejected, but legislators decided to pass the project to the Senate.

The gaming bill would authorise the operation of the modern betting contests based on real life sports. The activity would be controlled by the Mississippi Gaming Commission and operators may be allowed to bid for online licenses as well as land-based permissions.

The bill also includes an 8 percent tax on daily fantasy sports platforms, which will be audited once a year. In 2016, when fantasy sports industry was legalised in the State, a specialised group on gaming regulation introduced the current bill to contemplate every legislative aspect of the potential sector.

Furthermore, the legislature reviewed last Thursday the State Lottery Bill to implement an exclusive Mississippi lottery. However, the House of Representatives decided to not pass neither of the three proposals. The State now has to rely on Senate’s intentions to approve a lottery in a budget bill.