The daily fantasy sports industry apparently will not be getting the legal clarity and regulation it desires in the Bluegrass State, at least for now.
The bill there — H 414 — sought to establish a legal footing for paid-entry fantasy sports and regulation of companies offering them, like the biggest DFS operators, DraftKings and FanDuel.
The bill actually garnered a majority of votes in the House — with a 37-36 margin. However, the bill did not reach the 40-vote threshold required to advance to the state Senate. (A bill must be approved by two-fifths of the 100 members in the House.)
The bill went from introduced — making it through two committee votes — to dead in just two weeks.
Almost all DFS and season-long operators accept players in Kentucky.
More at Legal Sports Report