The past week has seen yet more activity on the regulation of daily fantasy sports (DFS) in the United States, with Kentucky the only state to suffer a setback.

Kentucky's HB414 was narrowly voted down by the House at its third reading, by 37 votes to 36. The bill, introduced by a group of Republican and Democratic lawmakers, had proposed an annual registration fee of $5,000 for DFS operators, and a 6 per cent tax on gross revenue.

Despite passing the House Licensing, Occupations, & Admin Regulations and Rules Committees it failed to progress through a full house vote.

Premium subscribers continue here to the full article.


GIQ Magazine Digital Edition