by Christina Monroe | Jul 15, 2020 11:14 am | Regulatory
Louisiana now has a legal tax rate of 8% set for its legal Daily Fantasy Sports (DFS) industry with the signing of House Bill 64 by Governor John Bel Edwards on Monday. The Bayou State expects to receive $375,000 in annual revenue from the DFS market that will be...
by Christina Monroe | Jun 11, 2020 8:46 am | Regulatory
Governor John Bel Edwards signed House Bill 357 into law Tuesday making Daily Fantasy Sports (DFS) contests legal in the parishes in Louisiana with DFS. The original law for DFS from last year did not include internet DFS contests which LA HB 357 has now legalized....
by Christina Monroe | Jun 5, 2020 2:37 pm | Sports Betting
Iowa has decided to ban credit cards as a form of payment at sportsbooks. Esports has been prohibited from becoming legal for sports bettors in Iowa. Daily Fantasy Sports (DFS) contests have been approved for residents in Iowa to participate in legally. DES MOINES,...
by Christina Monroe | Jun 1, 2020 11:46 am | Regulatory
Louisiana House Bill 357 passed in the House a day before adjournment on June 1. The measure would make DFS online cash prize contests legal as long as the Governor approves. BATON ROUGE, La. – A Louisiana Daily Fantasy Sports (DFS) bill passed in the House on...
by Christina Monroe | Apr 17, 2020 12:14 pm | Regulatory
Daily Fantasy Sports (DFS) has been ruled by the Illinois Supreme Court as a legal game of skill that is open for wagers. Unregulated games of chance are not allowed to gamble on under the Illinois Constitution but games of skill are allowed. Any person that engages...