Maine legalises daily fantasy sports
Maine has become the 15th US state to legalise paid-for daily fantasy sports (DFS) contests.
DFS is now classed as a ‘game of skill’ in Maine and operators that wish to offer such services in the state will need to have revenue of more than $100,000 (€84,700) and pay a licensing fee of $2,500.
Other measures set out by the state include companies having to pay a tax rate of 10% on gross revenue in Maine, while DFS operators will not be able to offer contests on collegiate or other amateur events.
In a statement published by the LegalSportsReport.com website, Marc La Vorgna, a spokesperson for DFS brands DraftKings and FanDuel, said: “Maine is now the 15th state to adopt a regulatory framework to protect the right to play fantasy sports, protect consumers and help a booming piece of the tech economy continue to grow.
“Thanks to action by the legislature – led by Senators Carpenter, Jackson, Katz, and Mason, and Representatives Dillingham, Farrin, Golden and Luchini – up to 200,000 Mainers will continue to enjoy our new national pastime, fantasy sports, under a framework of sensible, light-touch consumer protections.”
Related article: DFS gets green light in Delaware, suffers Massachusetts blow