Governor signs fantasy contest bill into law, affects daily and season-long fantasy sports
The following article can be found in its original form at this link from the Virginian-Pilot:
Virginian-Pilot: Kimberly Pierceall, March 6, 2016
A first-of-its-kind bill to regulate both daily and seasonlong fantasy football, basketball and baseball contests, among others, has been signed into law in Virginia.
Read moreVirginia’s governor just signed the nation’s first daily fantasy sports law
The following article can be found in its original form at this link from TechCrunch:
TechCrunch: Fritz Tepper, March 7, 2016
Interestingly, not all players in the fantasy sports industry are happy about the bill passing.
Read moreBill could sideline season-long fantasy football in Virginia, open up state to online gambling
The following article can be found in its original form at this link from the Virginian-Pilot:
Virginian-Pilot: Kimberly Pierceall, March 6, 2016
Virginia’s first-of-its-kind fantasy sports legislation aimed at regulating contests offered by sites like DraftKings and FanDuel could push out seasonlong fantasy contests and open the state to online gambling, critics say.
Read moreFantasy Sports Bill Awaits Governor; New Concerns Surface
The following article can be found in its original form at this link from Indiana Public Media:
Indiana Public Media: Brandon Smith, March 7, 2016
Small fantasy sports operators are crying foul over legislation awaiting the governor’s signature that regulates paid fantasy sports.
Read moreFSTA Celebrates Virginia Fantasy Sports Bill Being Sent To Governor
This is the email sent by FSTA President Paul Charchian that stated the FSTA fully supports the bill whose onerous fees will keep out all contest operators out of the state except for FanDuel and DraftKings.
The SBFSTA Stance:
"The Fantasy Sports Trade Association (FSTA) enthusiastically supports the Virginia bill that has a $50,000 initial fee in this email to its members. This $50,000 fee can only be afforded by two-to-four companies in the entire fantasy sports industry. So daily fantasy sports (DFS) is now legal in Virginia for two companies, but the original hobby itself, traditional fantasy sports, are now effectively banned in Virginia due to the onerous fees. And the FSTA, which was built on the backs of small traditional fantasy sports companies, here publicly backs the bill that kills small business throughout the state."
Read moreLegal Sports Report on Split in Fantasy Industry
The following article can be found in its original form at this link from the Legal Sports Report:
Legal Sports Report: Dustin Gouker, March 2, 2016
A handful of season-long fantasy contest operators have voiced their opposition to a fantasy sports bill in a letter to Virginia Gov. Terry McAuliffe.
Read moreSmall Fantasy Sports Businesses Letter To Virginia Governor Terry McAuliffe
ForPlayers-ByPlayers, LLC.
1133 Broadway, Suite 529
New York, NY 10001
March 2, 2016
Dear Governor McAuliffe,
Read more