Texas received three fantasy that is daily (DFS) bills in quick succession this week, each aimed at legalizing and having a framework of regulation for the competitions.
Texas Attorney General Ken Paxton sparked a lawsuit when he opined that daily fantasy sports had been illegal under state law. A triple-pronged approach that is legislative Representative Richard Raymond hopes to challenge that opinion.
The state missed down in the DFS legislation trend that appeared in the dockets of legislatures across the country in 2016 as a result of the fact that its legislative session is biennial, nonetheless it is apparently creating for lost time.
All the three bills is sponsored by State Representative Richard Raymond (D-Laredo). Their co-sponsors vary, as does the language of each bill, although they also chime in on numerous things.
The three bills address the key preoccupations of legislators across the US, from player protections and operator registration fees, to the segregation of player funds as a body of legislation. Curiously, though, one bill ignores the latter notably crucial point altogether. Likewise, two bills would define DFS as games of skill, while one wouldn’t bother.
Representative Raymond is obviously hedging his wagers.
The Letter of regulations
Raymond said he hoped his triple-pronged approach would ‘clarify a confusing and law that is ambiguous affirm that dream sports are legal Continue reading “Frequent Fantasy Sports Bills Seek to Challenge State AG’s Stance on Legality”