Now Maryland’s Comptroller is Looking Into Daily Fantasy Sports Sites

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fanduel-draftkings-650x400Another weekend approaching means another dose of ads during football games for daily fantasy sports sites like FanDuel and DraftKings. But there’s been questions raised about whether the sites are legal. Now, Maryland Comptroller Peter Franchot is joining a host of officials looking into the sites.

The companies were banned in New York after reports that employees of the sites were winning payouts because they received inside info. In Maryland, taxes appear to be the main concern.

According to the AP, a Franchot spokesman said the comptroller wants to “ensure taxes are being properly collected and Maryland consumers are protected from any potentially damaging industry practices.”

A 2012 law allows fantasy sports, but that was before the rise of fantasy into a full-on betting industry.

Stephen Babcock

Stephen Babcock is the editor of Technical.ly Baltimore and an editor-at-large of Baltimore Fishbowl.


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