Purdum: Expect Broader Conversation on US Sports Betting at Congressional Hearing on DFS

Written by :

Guest

Published on :

10 May, 2016

Wednesday’s scheduled Congressional hearing to deal with Daily Fantasy Sports contests will also encompass sports betting in general.

Ad: Open an Online Betting Account Today at Gambling911 Endorsed AceSportsbook. Receive Hundreds of Dollars in Signup Bonuses Here

The Subcommittee on Commerce, Manufacturing and Trade will hold a hearing titled "Daily Fantasy Sports: Issues and Perspectives" at 10:15 a.m., Wednesday at the Rayburn House Office Building. The conversation will focus on legal controversies and consumer protections.

Rep. Frank Pallone, a Democrat from New Jersey, requested the hearing back in September. Since that time a handful of US state Attorney Generals and Governors have requested a review of the sector, or worse, demanded that DFS companies exit the respective state markets.

According to David Purdum of ESPN.com, a committee source and published statements from witnesses indicate a broader look at the prohibition of traditional sports betting and online gambling laws also will be part of the discussion.

The two largest daily fantasy operators, FanDuel and DraftKings, and the professional sports leagues invested in them chose not to attend Wednesday's hearing, instead opting to have the Fantasy Sports Trade Association represent their interests.

The NFL, NBA, NHL and Major League Baseball, each of which has partnership arrangements with either DraftKings or FanDuel, also were invited to testify but declined.

- Aaron Goldstein, Gambling911.com

Business & Financial

Gambling Companies

Fantasy Sports Industry News

Can't Play With Kalshi From Washington State - WTF?

Judge John McHale of the King County Superior Court said the state showed "a likelihood of actual and substantial injury to Washington consumers from illegal gambling activities" if no injunction (against Kalshi) were issued.

Knoxville Tennessee is Getting a New Nonstop Flight to Las Vegas

Southwest Airlines has announced it will begin flying nonstop flights between Knoxville, Tennessee and Las Vegas, Nevada on Saturdays and Sundays, which will compliment Allegiant Airlines Monday and Friday nonstop flights.

Rare Albino Alligator Sisters to Make This Marksville Louisiana Casino Their New Home

Native American tribes consider albino alligators extraordinary beings that are often associated with spirituality, renewal and the importance of respecting the natural world.

ISPs in France Ordered to Block Polymarket

France’s gambling regulator said on Friday it had instructed internet service providers to block access to the Polymarket betting website, citing concerns that it ‌could expose users to significant gambling losses and that some wagers offered on the platform could be manipulated.