Ohio is ready to become the most recent state to think about putting some oversight on popular daily fantasy sports contests, however the industry sees the proposed Buckeye State legislation as a ban.
Senate Bill 356 was introduced late last month by Sen. Bill Coley (R-Liberty Township), and it might place regulation at the games, however the legislation in its current form would make it so 100% of the prize pool need to be paid out to players.
According to Cleveland.com, Coley believes DFS games are currently illegal within the Buckeye State. The industry sees otherwise.
Under his bill, the games can be overseen by the Ohio Casino Control Commission.
FanDuel and DraftKings, the 2 leading DFS operators, oppose Coley’s stance at the games, in addition to his proposed legislation. They have got joined forces to fight it.
“Sen. Coley is totally on an island — isolated from Ohioans who love fantasy sports and isolated from his caucus where he has no support for his try to ban fantasy sports,” Marc La Vorgna, spokesman for the 2 companies, said in a press release. “Just this year, eight states have already passed laws affirming millions of fantasy sports fans can continue to play. These policies was vetted, proven and established and we are hoping Ohio is the following state at the list.”
Read More... [Source: CardPlayer Poker News]
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