A new bill introduced by Ohio Senator Bill Coley aims to establish strict controls on daily fantasy sports (DFS), barring operators from taking a cut from contests they offer.
Senate Bill 356, if signed into law, would effectively drive DFS companies from the state. It sets a condition that bans DFS operators from taking a cut from any prize pool they offer to customers.
This means that if 10,000 people pay a US$5 entry fee for a [...]
