Virginia Gives Green Light to Daily Fantasy Sports Betting

Good news for fantasy sports bettors in Virginia: the state has passed legislation setting up regulatory framework for operators to register with the state and pay a $50,000 licensing fee.

The legislation also requires that customers must be 18 years of age or older, and that employees and family members are prohibited from using the operator.

Spokesman Brian Coy of the Virginia governor's office had the following to say in a statement given to ESPN: "This bill, which was passed by super majorities of both chambers, will empower Virginia to regulate this emerging industry and keep consumers safe from abuses."

DraftKings and FanDuel celebrated the news, enjoying the change of tune from the New York's Attorney General's efforts to shut down their operation.  Texas similarly considers the daily fantasy sports companies as constituting illegal gambling.

Elephant in the Room
Online sports bettors have expressed outrage at the support the major sports leagues have shown to fantasy, while continuing to condemn and demonize the personal liberties of online sports bettors who wager on games straight-up instead of participate in fantasy contests.

States in Pursuit of Legal Sports Betting
Sportsbook Review reported on February 9 that Pennsylvania took a major step toward legalizing sports betting. SBR has interviewed New Jersey State Senator Raymond Lesniak multiple times on his state's fight to bring legal sports betting to Atlantic City, a case that may ultimately be decided by the Supreme Court.

Sportsbook Review will continue to keep readers updated on the status of legal sports betting news.




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