Mississippi Governor signs DFS legislation into law

Mississippi Governor Phil Bryant has signed House Bill 967 into law, providing permanent regulations for Fantasy Sports contests.
The bill requires operators to obtain a licence from the Mississippi Gaming Commission to launch contests in the state. The licences will be valid for three years and require a $5,000 deposit plus eight per cent of quarterly net revenue earned in the state.
The new legislation replaces the temporary legislation put in place last year to allow DFS operators to continue serving Mississippi residents after the Attorney General issued an opinion stating that the game was illegal under state law. The temporary legislation was due to expire in July.

HB967 was approved in the Senate on March 1st by a vote of 46-6 and signed into law by Governor Bryant on Monday (March 13th).

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