DFS bill defeated in Minnesota
A bill that seeks the regulation of daily fantasy sports in the state failed to pass the House by 48-74.
US.- A bill that aims to legalise and regulate fantasy sports betting in Minnesota failed to pass the House by 48-74 on Tuesday. With the approval, the bill would’ve legalised daily fantasy sports (DFS) in the state.
The proposed law would require DFS sites to register with the state, as well as follow strict rules and establish consumer protection acts. The regulation also established that all players must be 18 and no athletes, agents or employees are allowed to play. Prizes must also be awarded within three days.
The state never officially legalised fantasy sports betting, but the current law doesn’t stop it either. The bipartisan bill wanted to clarify this point in order to make the regulations clearer for operators.
Rep. Tony Albright, the bill’s author, said: “For an industry that has been operating for many years in the state of Minnesota, all we’re doing is asking for regulations to make sure everyone’s accountable for people that use the games. This does set up a regulatory framework that allows good actors to operate fantasy games within the state and stops bad actors from hurting our constituents.”
On the other hand, Rep. Jim Davnie, said that the regulatory scheme was not enough: “The corruption and fraud accusations for this industry are everywhere and we are not sufficiently providing protection to Minnesotans who choose to bet on daily sports gambling entities.”
