Fantasy Sports Moves To Get All U.s. States On Board
By Casinomeister, Last updated Feb 27, 2015
Five US states ban cash-play fantasy sports betting, and the Fantasy Sports Freedom campaign wants them to reconsider their position
The booming daily fantasy sports industry's Fantasy Sports Freedom drive to achieve legal recognition is currently focused on the five US states that actively prohibit the activity as illegal gambling: Arizona, Iowa, Louisiana, Montana and Washington, and hopes to convince lawmakers that its dependence on skill rather than chance will open the way.
Funded by the Fantasy Sports Association trade body, the Freedom initiative seeks to expand legality beyond the current 38 states to embrace those which view the cash prize activity as a grey legal area, and those states which have banned it outright.
Reporting on the drive this week, Fortune magazine noted that fantasy sports fans wager over $3.6 billion annually, creating opportunities for states to garner additional tax revenues, whilst operators generate new jobs for state economies.
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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
bryan@casinomeister.com
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