{"id":38327,"date":"2016-08-11T13:54:51","date_gmt":"2016-08-11T20:54:51","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=38327"},"modified":"2016-08-11T13:54:51","modified_gmt":"2016-08-11T20:54:51","slug":"massachusetts-regulates-daily-fantasy-sports","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/","title":{"rendered":"Massachusetts Regulates Daily Fantasy Sports"},"content":{"rendered":"
\"Massachusetts
Massachusetts AG Maura Healey, who drew up the regulations for daily fantasy sports in DraftKing\u2019s home state. (Image: John Blanding \/ Boston Globe)<\/figcaption><\/figure>\n

<\/i><\/b><\/i>Massachusetts\u2019s governor, Charlie Baker, yesterday signed into law an amendment proclaiming fantasy sports to be legal in Massachusetts, making it the eighth state to regulate the contests since the beginning of the year, and the second to do so this month. Just a week ago, New York, the industry\u2019s second biggest market after California<\/a>, also passed a law to legalize DFS.<\/p>\n

Massachusetts is significant in the fact that market-leader DraftKings is a Boston company born and bred, and the state has always held a generally favorable outlook on the contest, perhaps as a matter of pride in its homegrown talent.<\/p>\n

Proponents of the amendment, which was passed as part of a wider financial package, were also concerned that DraftKings could move if its legal status were not clarified.\u00a0 \u00a0<\/span><\/p>\n

Hometown Heroes <\/b><\/h2>\n

The state has been making noises about regulating for some time. In fact, Massachusetts AG Maura Healey drew up a set of regulations in November 2015, at a time when many states were turning against DFS in the wake of the so-called \u201cinsider trading\u201d scandal. At the time, she assured residents who participated in DFS contests that they were not breaking the law.<\/p>\n

There has also been talk of Massachusetts\u2019 successful online lottery adopting some form of DFS contests of its own.<\/p>\n

As directed by the amendment, Healey\u2019s regulations will now be implemented, and DraftKings<\/a> has declared its full compliance, as well as its willingness to stay put in Boston.<\/p>\n

\n

\u201cThis does a tremendous amount for the whole industry and especially for us, because this is our hometown,\u201d DraftKings CEO Jason Robins told the Mass Live website, while praising the city and state governments for their willingness to drive innovation.<\/strong><\/p>\n<\/blockquote>\n

“This is a real sign of that,\u201d he said, \u201cand it allows us to really permanently make this our home.<\/p>\n

Obviously if things changed, if things were different, we would have to consider different options. But we weren’t thinking about that. We were just focused on how we make sure we get the right legal clarity in place.”<\/p>\n

Tough Regulations<\/b><\/h2>\n

Healey\u2019s regulations prohibit DFS companies\u2019 advertising and marketing from targeting minors, who will be defined as anyone under the age of 21.They also prohibit employees of the companies from engaging in games for real money.<\/p>\n

Rules require the implementation of player-imposed deposit limit functionality, while restricting each player\u2019s spend to $1,000 per month, unless the operator receives proof that a player can afford more. Operators must identify highly-skilled players to recreational players, and meanwhile contests based on college or high-school teams are banned.<\/p>\n

DraftKings called the rules \u201ctough but fair.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Massachusetts\u2019s governor, Charlie Baker, yesterday signed into law an amendment proclaiming fantasy sports to be legal in Massachusetts, making it the eighth state to regulate the contests since the beginning of the year, and the second to do so this month. Just a week ago, New York, the industry\u2019s second biggest market after California, also […]<\/p>\n","protected":false},"author":42,"featured_media":38329,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,16],"tags":[],"acf":[],"yoast_head":"\nMassachusetts Becomes 8th State To Regulate Daily Fantasy Sports<\/title>\n<meta name=\"description\" content=\"DraftKings\u2019 home state Massachusetts became the eighth to legalize and regulate daily fantasy sports this week.\u00a0\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Massachusetts Becomes 8th State To Regulate Daily Fantasy Sports\" \/>\n<meta property=\"og:description\" content=\"DraftKings\u2019 home state Massachusetts became the eighth to legalize and regulate daily fantasy sports this week.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-11T20:54:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/08\/maura-healey-1120.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"617\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/\",\"url\":\"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/\",\"name\":\"Massachusetts Becomes 8th State To Regulate Daily Fantasy Sports\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/08\/maura-healey-1120.jpg\",\"datePublished\":\"2016-08-11T20:54:51+00:00\",\"dateModified\":\"2016-08-11T20:54:51+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"DraftKings\u2019 home state Massachusetts became the eighth to legalize and regulate daily fantasy sports this week.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/massachusetts-regulates-daily-fantasy-sports\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/08\/maura-healey-1120.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2016\/08\/maura-healey-1120.jpg\",\"width\":960,\"height\":617,\"caption\":\"Massachusetts AG Maura Healey, who drew up the regulations for daily fantasy sports in DraftKing\u2019s home state. 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