Maryland Comptroller proposes DFS regulations
Maryland Comptroller Peter Franchot has proposed a series of regulations for the US state to consider in regards to legalising daily fantasy sports (DFS).
Speaking in a statement, Franchot acknowledged that fantasy sports is already popular with players in Maryland and it is now up to state legislators to ensure contests are fair, punters are protected and operators are paying tax.
Outlining his proposed regulations, Franchot said players under 18 should be banned from taking part in contests, as should professional athletes and staff, directors and other individuals with any links to DFS operators.
Maryland would also ban contests on amateur or college sports, while the use of ‘scripts’ would not be allowed, and players would be limited to depositing $1,000 (€904) each month unless they request this threshold to be increased.
Leading DFS firm FanDuel has responded positively to the proposed regulations, stating that it is keen to work with Maryland legislators.
The regulations will now be made subject to public comment and be reviewed by a state legislative panel.
Related article: Delaware orders end to paid-for daily fantasy sports