Fantasy Sports Betting Regulations

The Mississippi House has reversed itself and passed a bill to regulate tax operators of daily fantasy sports betting.
House Bill 967 failed Wednesday, but it passed after a second vote Thursday. The bill would set an eight percent tax and authorize the Mississippi Gaming Commission to regulate sports betting online or in casinos.
Mississippi legalized fantasy sports betting last year and established a study group to recommend rules. Those recommendations are in the bill. Operators would have to undergo a background check, get a state license, and be audited annually. They also would have to verify that people placing bets are at least 21.
The bill moves to Senate for more work.

Categories: Mississippi State News, News

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