State #12 Legalizes Daily Fantasy Sports. 6 Bits informed:intel from the Bill

Vermont becomes the 12th state to legalize daily fantasy sports. 

S 136 in Vermont sets up a regulatory framework that:

  • Delegates to the State Attorney General and Excutive Branch power to establish a registration fee and tax for daily fantasy sports
  • Defines fantasy sports to concern knowledge and skill of the player
  • Requires daily fantasy sports companies to establish commercially reasonable policies to prevent employees and professional athletes from participating
  • Requires players to be over 18
  • Data security measures for fantasy sports data
  • Require 3rd party indpendent audits

The other states with daily fantasy sports regulations:

  • New York
  • Massachusetts
  • Tennessee
  • Mississippi
  • Colorado
  • Missouri
  • Indiana
  • Virginia
  • Kansas
  • Maryland
  • Arkansas
  • + Nevada which requires a gaming license

Vermont S 136 (2017) 

Legal Sports Report | An Even Dozen: Daily Fantasy Sports Now Legal In 12 States After Vermont Enacts Law

National Law Review | Vermont Becomes Second State to Legalize Daily Fantasy Sports in 2017