More States Consider Fantasy Sports Regulation

While the daily fantasy industry continues to push for legal clarity in the United States, its largest operator is preparing to expand its international footprint.

In the first weeks of 2017, 11 states — Connecticut, Florida, Georgia, Hawaii, Illinois, Iowa, Nebraska, New Hampshire, New Jersey, Oregon and Washington — have introduced legislation aimed at regulating fantasy sports. Lobbying efforts are ongoing in more than a dozen additional states. But, for now, only 21.4 percent of the U.S. population lives in a state where daily fantasy is regulated, according to a research study by industry trade publication GamblingCompliance.

Meanwhile, daily fantasy sports provider DraftKings continues to expand internationally. On Monday, the company announced that it has been granted a specialty license by the Malta Gaming Authority. The license, known as a “Controlled Skill Games License,” will allow DraftKings to expand its offerings in Europe. DraftKings, which already operates in the United Kingdom under a gaming license, is now targeting Germany as its next prominent international market.

DraftKings chief international officer Jeffrey Haas says the company plans to launch in Germany and Malta in the first quarter of 2017, study the markets and eventually expand further.

More at ESPN

Related Stories from This Week in Gambling:

  • Daily Fantasy Sports Site StarsDraft Launched by Amaya Canadian online gambling operator Amaya Gaming has officially launched its new daily fantasy sports site StarsDraft.com. Amaya acquired DFS operator Victiv last month and previewed its intention to eventually rebrand the outfit as StarsDraft. Now, on the same day that Tom Brady learned […]
  • The Future of iGaming in America With the recent challenges to Internet gambling in the United States, a pannel discussion at the Global Gaming Expo addressed the issue this week. Moderated by Lloyd Levenson, Chairman of the Casino and iGaming Law practice group, this panel of experts discussed the issues […]
  • Another American Online Gambling Ban In what has been a surprising move (considering how late in the legislative session the action comes and the lack of previous interest in the subject), Senator Tom Cotton of Arkansas has filed a bill on the Senate agenda that looks to be taking up the action of either banning online […]