Miss. Legalizes Daily Fantasy Sports: New at Reason

Mississippi has legalized daily fantasy sports, for now.

Watchdog.org’s Steve Wilson reports:

Mississippi Gov. Phil Bryant (R) signed Senate Bill 2541 into law last week. The new law will legalize daily fantasy sports operators such as Fan Duel and Draft Kings until July 2017, when the move will be reconsidered. The measure would create a task force charged with delivering to the governor by Oct. 15 its recommendations on regulations and fees.

Under the new law, which goes into effect July 1, employees of fantasy sports operators and their immediate families in Mississippi would be prohibited from playing in the daily leagues. Players will have to be 18, operating funds for the daily fantasy sports operator will have to be segregated from player funds and players could exclude themselves at any time.

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