Maryland Sets Fantasy Ground Rules

[vixen777]

According to the Legal Sport Report, the regulations provide baseline oversight of the industry and consumer protections in the Old Line State.

“Daily online fantasy sports games have a significant presence in Maryland,” state Comptroller Peter Franchot,
who in July 2016 announced the proposed regulations, said. “It is entirely appropriate that we enforce basic rules to ensure the games are fair,
anti-competitive abuses are declared out of bounds, and appropriate taxes are paid.”

Unlike the regulations implemented in other states, Maryland’s ground rules to be more DFS-friendly. The state of Maryland, according to some analysts,
levels the playing field between small players and DFS giants by not requiring these operators to complete any registration process or pay any registration fee.

Maryland’s regulation is in direct contrast with the laws passed in Indiana and Virginia that require daily fantasy sports companies to pay upwards of $50,000 in licensing fees.
Most small players in Indiana and Virginia complain that the regulation only favors daily fantasy sports giants DraftKings and FanDuel.

SOURCE-CALVINAYRE

 

[CareyG]

Thanks for sharing Vixen!

 

[dani3839]

Thanks for the information Vixen, sounds like these are better
rules then other states