Former Massachusetts Attorney General Defends DraftKings as ‘Job Creator’

Submitted by Guest on

Written by :

Guest

Published on :

Former Massachusetts Attorney General Defends DraftKings as ‘Job Creator’

BOSTON (Associated Press) — Former Massachusetts Attorney General Martha Coakley is planning to tell a Beacon Hill commission that Boston-based daily fantasy sports operator DraftKings has added more than 100 jobs in the state.

Coakley, an adviser to the company, is scheduled to testify before the Special Commission on Online Gaming, Fantasy Sports Gaming and Daily Fantasy Sports Tuesday at the Statehouse.

A company spokesman said DraftKings currently employs more than 300 people in the state, adding 116 last year.

The commission is charged with reviewing all aspects of online gambling, fantasy sports gambling and daily fantasy sports including economic development, consumer protection, taxation, legal and regulatory structures, implications for existing gambling, and possible burdens and benefits to Massachusetts.

DraftKings last year agreed to merge with rival daily fantasy sports operator, New York-based FanDuel.

Related Content

Underdog Sports

Underdog Sports Acquires Exchange as Means to Enter Lucrative Prediction Market Sector

The acquisition enables Underdog to offer its own federally-compliant prediction market exchange, giving customers even more ways to express their opinions on sports and beyond.
Prizepicks ad

Love it or Hate it, PrizePicks Social Media Post Has Triggered Many....While Going Viral

A regular user (the person sitting cross-legged on the couch) appears calm and meditating. Behind him stand three large NFL defensive players in uniform from different teams. What could possibly go wrong with the interpretation here?
AtlasDFS.com

AtlasDFS.com Debuts New Daily Fantasy Sports Site

Atlas World Sports, the sports betting platform that aggregates odds and data from more than 20 sportsbooks into a single app, today announced the official launch of AtlasDFS, its new daily fantasy sports product, now available at AtlasDFS.com.
Online casino

Virginia Inches Closer to Allowing Online Casinos, Poker

This week, the Senate passed Senate Bill 118 that would regulate online casinos by a narrow 19-17 vote.