US Congress to Hold Hearing About DFS and Online Gambling Next MonthPublished April 19, 2016 by Florin P
U.S. Congress subcommittee to hold hearing on daily fantasy sports and online gambling on May 11.
Online gambling is largely prohibited in the United States, but daily fantasy sports are still tolerated by federal law. The games fall under an exception that unfortunately wasn’t extended to other forms of gambling such as online poker and casino games. After the incidents involving some of the industry leaders, DraftKings and FanDuel, Congressional lawmakers will take a closer look at the games on May 11.
DFS Legislation on Congressional Desks
Less than one week from now, a Congressional subcommittee will hold a hearing on daily fantasy sports and online gambling. The public discussion is much anticipated by gambling operators, as well as the players themselves because its consequences could reverberate in 2017. Those who support the reform of the law are increasingly active and their movement has gained momentum over the last couple of months.
The Subcommittee on Commerce, Manufacturing and Trade is the one that will hold the hearings in the second week of May. In the absence of a clear federal legislation, more US states are contemplating the possibility of banning the games, with Tennessee being the latest on the list.
Online Gambling Gains Support Among US Politicians
Prominent figures such as New Jersey Gov. Chris Christie are pushing for federal legislation that will make online gambling legal. In addition to daily fantasy sports, the former candidate hopes that his state will be allowed to run online bookmakers and online casinos.
Americans are still struggling to find loopholes in existing legislation and some are even willing to go around the law to play their favorite games. Only a handful of online casinos accept US players and the short list includes Las Vegas USA Casino, Rich Casino and Grande Vegas Casino. They diligently work towards creating a safe gambling climate for US players who seek this type of online entertainment.