MAJOR FANTASY SPORTS SITES ARE ENDORSING LEGISLATION REGULATING THE INDUSTRY.

THE BILL AIMS TO DEFINE AND SET SOME RULES FOR THE GROWING INDUSTRY. PLAYERS MUST BE 18 YEARS OLD AND EMPLOYEES OF FANTASY SPORTS COMPANIES CANNOT PLAY. WHAT’S ALSO IMPORTANT SAYS STACIE STERN WITH HEAD TO HEAD SPORTS…IS THAT THE MEASURE DEFINES FANTASY SPORTS AS A GAME OF SKILL…NOT GAMBLING.

STEVE SCHOENKE (shankey), CHAIRMAN OF THE FANTASY SPORTS TRADE ASSOCIATION SAYS THEY WELCOME THE BILL AND THAT IT WILL BE GOOD FOR THE INDUSTRY.

COMPANIES WOULD ALSO HAVE TO TAKE MEASURES TO PREVENT PEOPLE FROM OVERPLAYING AND THIRD PARTY AUDITS WOULD BE REQUIRED.