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Daily Fantasy Sports Now Regulated in Md. to Ensure Fairness, Protect Consumers

January 3rd, 2017 by WCBC Radio

With daily fantasy sports games drawing in hundreds of thousands of Marylanders, regulations took effect Monday, January 2, to help ensure the games are fair and that winners pay appropriate Maryland taxes.

“Daily online fantasy sports games have a significant presence in Maryland,” Maryland Comptroller Peter Franchot said. “It is entirely appropriate that we enforce basic rules to ensure the games are fair, anti-competitive abuses are declared out of bounds, and appropriate taxes are paid.”

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