A new piece of legislation was proposed in Massachusetts that would limit paid fantasy sports games to adults aged 21 and up. The proposed measure was introduced by Massachusetts Attorney General Maura Healey on Thursday.
If passed, the regulations would also prohibit fantasy games that involve college sports teams. Further, they would prohibit paid fantasy games from being promoted on college and high school campuses. Pro athletes, sports agents and other people who work in professional athletics would also be banned from playing fantasy games connected with their sports.
Are Paid Fantasy Sports Games a Form of Gambling?
The quickly growing, multi-billion-dollar fantasy sports industry is led by two major companies: FanDuel and DraftKings. Due to the success and growing popularity of these businesses, the industry has been subjected to a great deal of scrutiny recently, particularly by state regulatory officials who are deliberating whether the paid fantasy games are a form of gambling.
Attorney General Maura Healey, who is an ex-pro basketball player herself, said that the proposed measure "...is an important step to protect consumers here in Massachusetts." DraftKings made a statement saying that it agreed with Massachusetts' regulation approach as well, saying that it was reasoned and they appreciated it.
Before the proposals go into effect in Massachusetts, they will be subjected to review by the secretary of state. A public comment period will also need to be held.
New York Attorney General Taking Stiffer Measures
Massachusetts' regulatory approach is a great deal milder than the measures implemented in the state of New York. On Tuesday, New York's attorney general pursued an injunction that shut down FanDuel and DraftKings completely, and said that the fantasy sports games are "plainly illegal." As for Healey, she said that the legality of the contests and whether they should be considered as gambling is not clear in Massachusetts.
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