A whirlwind of legal and legislative activity in late 2015 and early 2016 has quickly transformed America’s disruptive daily fantasy sports sector and put it on the path to regulation.
Coming toward the close of 2016, lawmakers in eight states had passed legislation to formally regulate DFS operators and their contests. Meanwhile, the attorneys general of nine states have formally opined that DFS games are a form of gambling, despite operators’ claims to the contrary.
The legal scrutiny, future compliance costs and expensive lobbying battles are also among the key factors driving a merger of the two largest DFS operators, DraftKings and FanDuel.
See below for GamblingCompliance’s coverage of legal and regulatory issues affecting daily fantasy sports.