The debate over the legality of daily fantasy sports is intensifying but a number of states agree on one thing: it needs to be regulated.
S.B. 339, a bill that would legalize daily fantasy sports in Indiana, went before the House Public Policy Committee on Wednesday, after it passed the Senate by a vote of 38-11 earlier this month.
Discussion of the bill centred around whether the minimum age for players should be 18 or 21, and whether fantasy sports should count as a game of skill or a game of chance.
If passed, S.B. 339 would allow Indiana’s racinos and off-track betting operations to create their own fantasy sports games or sign contracts with an existing company. The bill would require companies to purchase licenses ranging from $175,000 to $335,000 a year.