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Franchot Comments on Legality of Daily Fantasy Sports Sites

January 14th, 2016 by WCBC Radio

When Maryland lawmakers began their session in Annapolis yesterday there was the possibility that legislators may ban daily fantasy sports sites, after officials in New York ordered Draft Kings and Fan Duel to shut down operations there. Senate President Mike Miller said this week he feels the sites were in violation of the Maryland constitution, which requires any expansion of gambling to be approved by voters. Comptroller Peter Franchot told Maryland’s News This Week that a 2014 law made these sites legal, and puts his office in charge of regulating them.  Franchot says officials of both websites seem open to regulation, including withholding taxes on winnings. He emphasized that he has no intention of allowing Las Vegas to dictate Maryland rules and regulations…


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