Daily Fantasy Sports in Vermont

Legal Possibilities and Ramifications
PRS Briefs
PRS Policy Brief 1617-07
Tuesday, March 14, 2017

In the past few years, the growth of the daily fantasy sports (DFS) gambling industry has been remarkable. A derivative of season-long fantasy sports, participants in daily fantasy sports can win monetary prizes depending on the success of the roster (collection of players) they select. In the past year, a number of states have legalized daily fantasy sports and introduced regulations for the industry. The Vermont Senate, too, passed similar legislation in February 2016. Yet, substantial holes exist in legal and regulatory knowledge; that is, little evaluative research exists regarding the design and success of state regulatory regimes. The Vermont House Committee on General, Housing, and Military Affairs is interested in answers to questions concerning the policies of other states, legal precedents, and the extent to which the industry should be regulated.