Virginia Lawmakers Send DFS Bill To GovernorThe Old Dominion State's Legislature Passed DFS Measure |
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Virginia Senators approved a bill Wednesday that would regulate daily fantasy sports sites operating within its borders. The approval comes just days after the House signed off on the bill, which means that it’s now on the governor’s desk.
Though many other states are looking at DFS regulation or at least how the games fit in with their respective gambling laws, Virginia is the first to send such a bill to its governor.
The Fantasy Contests Act (SB 646) was introduced just last month, so the legislation has moved through the legislature very rapidly. The bill calls for DFS sites to pay the state $50,000 in the form of a registration fee. Additionally, DFS players must be at least 18 years of age. The sites themselves must prevent individuals connected to the business from playing the games. The bill basically sets a number of consumer protections in place.
DraftKings, one of the leading DFS firms in the space right now, said in a statement:
“Today the Virginia General Assembly took an important step toward ensuring that fans in Virginia can continue to enjoy fantasy sports contests with thoughtful and appropriate consumer protections in place. We thank Delegates Jackson Miller and Marcus Simon and Senator Ryan McDougle for their leadership in bringing a common sense regulatory framework through the legislature. We are grateful for their support and are actively engaged with dozens of legislatures around the country to replicate this success.”
A veto from Gov. Terry McAuliffe doesn’t appear likely because the bill passed the House by a 80-20 vote and got approved by a 31-9 margin in the Senate.
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