Maine legalises daily fantasy sports, becoming the fifteenth US state to do so
Maine has become the fifteenth US state to legalise (in this case by default) daily fantasy sports activity after a bill passed by the Legislature expired following a month unsigned on the governor’s desk and automatically entered state law.
The original bill passed the legislature in June and classified DFS as a game predominantly of skill and therefore exempt from state gambling laws. It tasks the state Gambling Control Unit with oversight and regulatory control of DFS activities in Maine, and frees DFS operators with revenues of less than $100,000 from licence fees.
Larger companies with revenues in excess of $100,000 will pay a moderate 2,500 licensing fee and 10 percent of GGR derived from Maine players.
The measure contains a comprehensive list of competitive fairness, player protections, responsible gaming, anti-criminal activity and exclusion of minors under age 18 provisions.
Online Casino News Courtesy of Infopowa