Make us your home page
Instagram

DraftKings, FanDuel back regulations proposed by Mass.

BOSTON — Daily fantasy sports companies DraftKings and FanDuel voiced support Thursday for Massachusetts' approach to regulating their controversial industry as states across the country weigh greater restrictions or outright bans on the games played for money.

Speaking before the Massachusetts Gaming Commission, Zakary Cutler, director of product management for Boston's DraftKings, said regulations proposed by the state's attorney general appear "reasonable" and "pretty thorough."

Stephen Martino, a lawyer for New York's FanDuel, echoed that sentiment, suggesting Massachusetts's approach could be a template for other states to follow.

"They're a good starting point," he said of Healey's proposal. "There's a real commitment that's come from the very top of FanDuel to see the right thing done."

Both companies declined to elaborate on their positions on Massachusetts Attorney General Maura Healey's proposal, saying they'll provide detailed comments ahead of a hearing next month on the plan.

Healey has proposed regulations that would require daily fantasy sports players to be at least 21 years of age, prohibit college sports from the competitions, require stronger player data protections and programs to help problem gamblers, among other requirements.

"What we heard today is that they need to know the rules of the road," Gaming Commission Chairman Stephen Crosby said, following remarks from DraftKings and FanDuel representatives. "So as long as the rules are, in their terms, commercially viable and technologically feasible, they will welcome them. That seems like a perfectly reasonable starting point."

The Massachusetts debate comes as other states have taken more drastic measures.

Nevada, for example, has restricted daily fantasy sports operations in that state to companies that possess a gambling license.

New York's attorney general, meanwhile, has ordered DraftKings and FanDuel to cease operations in the state, a move that the two companies are challenging in court.

At the heart of the debate is whether the games are a form of gambling or sports betting and should be banned or treated like other forms of gambling.

Fantasy sports companies contend a provision in the 2006 federal law that banned online gambling allows them to operate freely in 45 states that don't have specific prohibitions on the contests.

"We firmly believe this is a game of skill that's legal in Massachusetts and should be subject to reasonable regulations," former state Attorney General Martha Coakley, who now serving as legal counsel to DraftKings, said Thursday.

No votes or decisions were expected from the daylong hearing, which included discussion from a range of industry watchers.

The hearing is part of the commission's efforts to develop a policy paper on daily fantasy sports for the consideration for Massachusetts lawmakers and other elected leaders.

DraftKings, FanDuel back regulations proposed by Mass. 12/10/15 [Last modified: Thursday, December 10, 2015 10:17pm]
Photo reprints | Article reprints

Copyright: For copyright information, please check with the distributor of this item, Associated Press.
    

Join the discussion: Click to view comments, add yours

Loading...
  1. Last orca calf born in captivity at a SeaWorld park dies

    Tourism

    ORLANDO — The last killer whale born in captivity under SeaWorld's former orca-breeding program died Monday at the company's San Antonio, Texas, park, SeaWorld said.

    Thet orca Takara helps guide her newborn, Kyara, to the water's surface at SeaWorld San Antonio in San Antonio, Texas, in April. Kyara was the final killer whale born under SeaWorld's former orca-breeding program. The Orlando-based company says 3-month-old Kyara died Monday. [Chris Gotshall/SeaWorld Parks & Entertainment via AP]
  2. Miami woman, 74, admits to voter fraud. Does jail await, or will she go free?

    State Roundup

    MIAMI — An 74-year-old woman pleaded guilty Monday to filling out other people's mail-in ballots while working at Miami-Dade's elections department.

    Gladys Coego
  3. Bigger ships carry Georgia ports to record cargo volumes

    Economic Development

    SAVANNAH, Ga. — Bigger ships arriving through an expanded Panama Canal pushed cargo volumes at Georgia's seaports to record levels in fiscal 2017, the Georgia Ports Authority announced Monday.

    The Port of Savannah moved a record 3.85 million container units in fiscal 2017, the state said, benefiting from the larger ships that can now pass through an expanded Panama Canal.
  4. Dragon ride in Harry Potter section of Universal closing for new themed ride

    Florida

    Universal Orlando announced Monday that it will close Dragon Challenge for a new "highly themed" Harry Potter ride to open in 2019 — sending wizard fans into a guessing game with hopes for a Floo Powder Network or the maze from the Triwizard Tournament.

    Universal Orlando announced Monday that it will close Dragon Challenge on Sept. 5 for a new "highly themed" Harry Potter ride to open in 2019. The ride, originally the Dueling Dragons roller coaster, was renamed and incorporated into the Wizarding World of Harry Potter when the hugely popular area opened in 2010.
  5. Would you let your company implant a chip in you?

    Working Life

    Would you ask an employee to get a chip implanted in her hand? Sounds invasive and intrusive. But come Aug. 1, one company in Wisconsin will be giving it a try.

    Three Square Market - a developer of software used in vending machines - is offering all of its employees the option to get a microchip implanted between the thumb and forefinger. [Photo from video]