The future of daily fantasy sports (DFS) has been secured in Massachusetts after regulations were signed into law by the US state’s governor. The new rules include a minimum age of 21 for participants, bar games based on college or amateur sports and prohibit individual players from spending more than $1,000 each month without proof they could withstand deep financial losses.
The regulations, which were put forward by Attorney General Maura Healey earlier this year, also require DFS operators to offer ‘beginner’ contests that highly experienced players would be prevented from entering. After signing a bill including the DFS provisions, Governor Charlie Baker made reference to DraftKings, which is based in Boston, Massachusetts.
He said: “What I believe we were doing was simply taking what the attorney general put out there as sort of directional guidance and turned into a statute so that a company like DraftKings — which is big and successful in the consumer online business — can continue to be headquartered here in the commonwealth.
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