US Government Targets Daily Fantasy Sports

legal justice law usA senior Democratic Energy and Commerce source has confirmed to Legal Sports Report that the Subcommittee on Commerce, Manufacturing, and Trade is planning a May 11 hearing on daily fantasy sports. That committee is housed within the Energy and Commerce Committee, chaired by Fred Upton (R-MI). Frank Pallone (D-NJ) is the ranking Democratic member.

Both Michigan and New Jersey have considered legislative answers to the daily fantasy sports question in their state legislatures. Pallone has been vocal on the issue of DFS, using the explosion of interest in the product as a platform to draw attention to New Jersey’s efforts to regulate sports betting. There is no active legislation at the federal level that addresses daily fantasy sports. Neither a witness list or agenda for the hearing has been made available as of this article.

According to the source, the subcommittee will examine the nature of DFS as a product and the current legal status of the product. Ongoing legislative developments at the state level, consumer protection issues, and the potential role of the federal government will also be topics on the table. But LSR understands that the scope of the hearing will also include a broader discussion of online gambling and sports betting.

Online gambling has been a long-discussed topic at the federal level, but numerous legislative initiatives – including some to regulate and some to ban – have failed to gain meaningful traction over the last decade.

More at Legal Sports Report

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