Indiana has followed
Virginia in becoming the second US state to pass legislation specifically
designed for daily fantasy sports (DFS) after a bill was signed into law by
Governor Mike Pence last week.
State Enrolled Act
339, which legally designates paid fantasy sports contest as a game of skill
rather than a gambling product, was signed by Governor Pence after passing both
legislative houses with overwhelming support.
Representative Alan Morrison and Senator Jon Ford, it was approved in the House
by a vote of 82-12 and by 34-10 in the Senate.
It establishes the
Paid Fantasy Sports Commission, a new body through which players will be given
certain consumer protections, which will be managed by the state Gaming
Commission. Contest entry will be restricted to those over the age of 18, while
players will only be able to enter a limited number of contests.
Operators will be
required to pay a $50,000 registration fee, which may be increased to $75,000,
then an annual renewal fee of $5,000.
Indiana has now become
the second US state to legalise fantasy sports after Virginia Governor Terry
McAuliffe rubber-stamped similar
legislation earlier this month.
“With Governor Pence
signing fantasy sports legislation into law, Indiana has taken a sensible
approach by clarifying the legal status of fantasy sports in the state and
establishing some tough, but smart consumer protections to ensure games are
fair and players know it,” FanDuel said.
“We want to thank
Governor Pence and the members of the legislature, particularly bill sponsors
Representative Morrison and Senator Ford, who listened to the legions of their
constituents who love playing fantasy sports.
“Indiana is the second
state to pass positive fantasy sports legislation this year, following
Virginia, and more than 20 states are advancing similar legislation,” the
operator added. “We look forward to working with lawmakers in other states to
continue the trend and ensure 50 million fantasy players can continue to play
games they know and love.”