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Virginia becomes first US state to pass daily fantasy sports regulation

8th March 2016 8:41 am GMT

Virginia has become the first US state to pass specific regulations for daily fantasy sports (DFS) after Governor Terry McAuliffe signed the legislation into law.

Following the passage of House Bill 775 and Senate Bill 646, the Virginia legislature has established the Fantasy Contests Act, which officially permits fantasy sports operators to run paid contests in the state. It specifically decriminalises DFS, stating that it any prize money awarded from contests “shall [...]

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