US Rep. for Vegas Strip wants Congress to look at daily fantasy sports legality
US Representative Dina Titus of Nevada wants a congressional hearing to explore the legalities of daily fantasy sports (DFS). In a letter to the chairman of the House Committee on Energy and Commerce on Thursday, the Las Vegas democrat said it was critical that Congress “investigate this growing industry.”
Although Fantasy Sports enjoys a specific carve-out in the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA), Titus noted that many experts in gaming law believe that the [daily fantasy sports] business model violates the UIGEA.
When the financial regulation earmark was added to a must-pass homeland security bill in 2006, fantasy sports were a season-long activity. Today’s contests can be entered into and concluded daily and most providers also inc…