Tag: fantasy sports

12

Feb2019
The Ohio Casino Control Commission has released a first draft of proposed rules for fantasy sports contests. Former Governor John Kasich signed into law HB132, a bill that clarifies the legality of such contests and grants the OCCC authority over the industry. The bill also ordered the OCCC to adopt ... Read More

05

Jul2018
The Ohio legislature has legalized fantasy sports contests. The Ohio Casino Control Commission will license, regulate, investigate and penalize the fantasy contests. Office pools, fantasy leagues played through websites such as Yahoo and ESPN, and other sports pools such as the NCAA basketball tourney, where all monies collected are paid ... Read More

14

Jun2018
Pennsylvania can now add up to 10 mini-casinos that are allowed to have 300-750 slot machines and up to 30 table games each. The state currently has 12 casinos and is the second largest commercial gambling market in the United States (Nevada is first). When and where these mini-casinos will ... Read More

16

Mar2016

Daily Fantasy Sports

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The uproar over daily fantasy sports games has made its way into statehouses across the country. Thirty states have pending bills. This week, Virginia became the first state to sign into law regulations that govern daily fantasy sports. Among the provisions of the Fantasy Contest Act: all players must be 18 or older, ... Read More

02

Mar2016

Daily Fantasy Sports

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Attorney Generals for Texas and Mississippi are the latest to rule that daily fantasy sports are a form of illegal gambling under their respective state laws. The Texas Attorney General, however, stated that the traditional season long fantasy games are legal as long as the “commissioner” doesn’t take a cut.

18

Jan2016
The Ohio Legislature’s Joint Committee on Gaming and Wagering, which was created to study the gaming environment in Ohio, released a report addressing several issues. The issue drawing the most attention was Ohio’s practice of not taxing promotional spending at the casinos and racinos, which has amounted to $650 million since ... Read More

29

Dec2015

FanDuel, DraftKings Update

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The ruckus over these daily fantasy sports contests started two months ago when an employee inadvertently released data before the week’s NFL games and then went on to win $350,000 on a rival website. With allegations of insider trading, the FBI opened an investigation. Lawsuits were filed across the country and ... Read More

03

Dec2015

Daily Fantasy Sports

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Another sort of “game” not covered by Ohio law is daily fantasy sports. DraftKings and Fan-Duel are in the news these days for what some call insider trading. Last month an employee of DraftKings admitted to the inadvertent early release of data before the week’s NFL games. That same employee, ... Read More