Massachusetts Governor Signs Bill Legalizing DFS
The tide for Daily Fantasy Sports in the US seems to be turning again in favor of the operators after a prolonged and sustained attack from all fronts as to the legality of the industry. Following the legalization of DFS in the strategic New York Market, the state of Massachusetts has become the eighth state to legalize DFS in the US.
Massachusetts Gov. Charlie Baker signed the economic development bill of which the legalization of DFS was included. In terms of the bill there is a special provision stating that fantasy sports will not be considered illegal gaming as it is based on skill. There is a caveat however in that DFS operators will have to comply with the consumer protections set out by the Attorney General Maura Healey last year.
In terms if the bill , DFS operators will be permitted to offer real money contests until July 31, 2018 and even better news is that there will be no fees or taxes associated with operating in Massachusetts.
DraftKings CEO Jason Robbins was delighted at yet another piece of welcome relief for the embattled industry and said,” Today is a special day for DraftKings. Boston has always been our home, and on behalf of more than 300 DraftKings employees, we want to thank Governor Charlie Baker and the Legislature for supporting our company in the city we love. The legislation that Gov. Baker signs into law today reaffirms that the legendary sports fans in Massachusetts can continue playing daily fantasy games. At the same time, this daily fantasy sports provision gives DraftKings the foundation to further grow our business right here in Boston. DraftKings is unabashedly proud of our Boston roots and we look forward to continuing as a hub for innovation and jobs in Massachusetts for years to come.”