Daily Fantasy Sports Bill Signed by Tennessee Governor (Update)

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Tennessee Governor Bill Haslam signed off on a bill that will make Daily Fantasy Sports in the state legal.

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The measure was approved in the House 67-17 and Senate 27-2.  It will create oversight on the games and impose a 6 percent tax.

DFS firm FanDuel commented on the bill’s progress: “The legislature has passed strong, but smart regulations ensuring the more than one million fantasy players in Tennessee benefit from important consumer protections and can continue to play fantasy sports. We want to thank the bill sponsors Senator Jack Johnson and Representative Pat Marsh, and the members of the legislature for taking a detailed and careful approach to this issue, which delivered a reasonable solution for the state.”

Just a few weeks ago Tennessee’s Attorney General called contests for cash offered by FanDuel illegal.

- Aaron Goldstein, Gambling911.com

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