Legislation to regulate daily fantasy sports (DFS) continues to make progress in a number of US states, including Rhode Island which is considering regulating the product, and Maryland where lawmakers approved a bill to allow voters to decide if it should be legalised.
In Rhode Island, bill H7917 was introduced earlier this month giving oversight to the Department of Business Regulation. Licenses would cost $50,000 initially and $20,000 per year thereafter.
The state would receive 20 per cent of all funds generated from [...]
