Media

Blog

The Voter’s Speakeasy featuring unbiased reporting and insight into life at Vote Smart from our staff, interns, and volunteers.

Daily Fantasy Sports Regulation in State Legislatures

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 ...

Read More

Tags

More Posts

The Balancing Act of Determining Discrimination

2016 May 17

Multiple “religious freedom” bills are currently capturing the attention of state legislatures across the country. “Religious freedom” bills are proposed legislation that call for religious organizations, businesses, and individuals to be protected from penalties for declining to provide services to individuals whose lifestyle conflicts with their sincerely held religious beliefs.

Virginia Legislators Carry On Tradition of Ignoring Voters

2015 August 25 - Melisa Oberti

 After repeated requests, less than 10% of Virginia's legislative candidates were willing to tell citizens where they stand on 10 key issues. This is fewer responses than from those running for federal offices, which is a trend in lock step with the increasing nastiness of political tactics.

VoteEasy and PCT Results Released in Virginia

2014 October 27

Today, Vote Smart released the results of the National Political Courage Test to VoteEasy at VoteSmart.org, giving Virginia voters an invaluable resource for identifying their best political match November 4th. Seven of the congressional candidates passed the 2014 Political Courage Test.

November Common Ground E-Newsletter

2013 November 27

Sign up for our e-newsletter here...

Elections Aren't Just for Even Numbered Years

2013 November 06

It's Election Day! Well, for many of you it is.

March Common Ground E-Newsletter

2013 March 29

Click here to sign up for our monthly e-newsletter...

Legislative Wrap-Up: Fracking

2013 January 28

With new technology comes new debates and in 2012 many state legislatures attempted to regulate a relatively new industry they did not know much about. 

Legislative Wrap-Up: Voter ID

2013 January 16

States across America considered legislation in their most recent sessions that would change voting and voter registration requirements.

Candidates Flunk 20-Year Study of Political Courage

2012 October 29

A  20-year study of over 15,000 congressional candidates and their willingness to answer questions on the major issues

Help us stay free for all your Fellow Americans

Just $5 from everyone reading this would do it.