DAILY FANTASY SITES GAINING LEGISLATIVE MOMENTUM IN THE STATES

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As the National Football League season comes to a head with the start of playoffs, so is the battle for the future of the online daily fantasy sports (DFS) industry in New York. 

Leading fantasy websites DraftKings and FanDuel are awaiting a New York appellate court decision on whether they can remain open in that state. A decision could come any day.

Meanwhile, with other state legislatures convening in January, fantasy sports are on many of those agendas.

In the first week of January alone, a first-in-the-nation regulatory scheme proposal advanced out of a California Assembly committee, and three states – Indiana, Vermont and Rhode Island – unveiled new bills focusing on regulating DFS sites, instead of shutting them down.

While fantasy sports operators lost ground when New York Attorney General Eric Schneiderman threw a flag on their play, the sites are now starting to build back momentum as other states consider their fate. We’ve got our popcorn ready for the second half. Check back here for the play-by-play.