Massachusetts Expects to Wrap Up Probe Into Daily Fantasy Sports Within Month

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

Massachusetts Gaming Commission Chairman Steve Crosby said Thursday that state regulators probing the legality of Daily Fantasy Sports expect to provide advise to state lawmakers and Governor Charlie Baker by month’s end.

BetOnline

The commission will hold a public hearing on the industry next week.

“We will move as quickly as we can. I hope within a month or so we might be able to have something constructive to say to the Legislature and the governor,” Crosby said on the WRKO Boston.com Morning Show.

“You don’t want to move too fast on this. It’s important to really think this through, and it’s important to have the industry have a chance to speak up … But I think we all need to move quickly,” Crosby said. “Is the current situation fine? Do we want to leave it like it is? Maybe that’s the way to go. But if not, we’d probably better get moving.”

Massachusetts is one of a handful of U.S. states that have launched inquires into the explosive Daily Fantasy Sports industry.

- Aaron Goldstein, Gambling911.com

Related Content

Cryptocurrency Processor Makes History as Nevada's First to Enter Regulated Gambling Market

Cryptocurrency Processor Makes History as Nevada's First to Enter Regulated Gambling Market

In a historic first, BurraPay announced it will become the world's first cryptocurrency payments processor to operate within Nevada's legal gaming framework.
FairGambling Launches Crypto Casino Review and Analytics Platform With Provably Fair Tools and Extra Rewards

FairGambling Launches Crypto Casino Review and Analytics Platform With Provably Fair Tools and Extra Rewards

FairGambling, a new transparency and rewards platform for crypto casino players and Bitcoin gamblers, today announced its public launch.
New Mexico Becomes the Latest State to Sue Kalshi

New Mexico Becomes the Latest State to Sue Kalshi

The suit claims that Kalshi is taking sports bets while evading state laws regulating online gambling.
$2 Million-Plus Jackpot Hit on Dragon Link Slot at Las Vegas Aria Casino

$2 Million-Plus Jackpot Hit on Dragon Link Slot at Las Vegas Aria Casino

The win came on a $100 spin and resulted in a $2.3 million payout.