2016 August 18
Daily Fantasy Sports Regulation in State Legislatures
Daily fantasy sports is a concept that is as tricky to say as it is to understand. It exists in a legal gray area that has remained unregulated for years. Recently, after several scandals that brought widespread public attention, legislators have attempted to define and regulate the practice.
Daily fantasy sports involve a person creating a daily or weekly virtual roster of players for the sport they are interested in based on the real player’s performance. The reality of that real player’s performance on the field or court, then, dictates whether the virtual roster is a winner or loser.
Entry requires payment of a fee for each roster. The winning roster collects a monetary prize. This model has attracted billions of dollars in entry fees (as actual player numbers are unknown, this is the best metric to measure their reach) and has proven to be highly lucrative for those running the fantasy game.
But allegations of fraud and insider knowledge, as well as concerns over the impact of the industry on people with gambling addictions has led lawmakers to attempt to create industry guidelines. These regulations and guidelines are highly dependent on whether daily fantasy sports are defined as a “game of chance” or a “game of skill.”
Of the handful of state legislatures that have worked on legislation regarding daily fantasy sports, I have chosen four to focus on. Two states (Indiana and Virginia) have, as of July 1st, passed bills ...
2016 August 16
One of the most contentious issues in 2016 has been the question of gun control.
2016 August 12
The death penalty has been a hotly debated topic for centuries, but just recently in 2016, it has for the first time in history become part of an official party platform - that of the Democratic Party, who supports abolishing it.
2016 August 11
A letter from Vote Smart President, Richard Kimball
2016 August 10
How can the benefits of GMOs be utilized while respecting the consumer’s right to transparency?
2016 August 04
The ideological debate between campus carry supporters and opponents remains contentious, with students rallying around both sides of the argument.
2016 August 01
Some legislators are beginning to act on the task of increasing the minimum wage, while others are actively trying to stop the increases.
2016 July 28
In the past year and a half, several states have passed laws changing the age at which one can legally smoke cigarettes and other tobacco products.
2016 July 22
2016 has seen several state legislators propose changes in the regulation of voting rights for individuals with felonies, and the timeframe for felons to receive the right to vote.