Tag: Alabama
Alabama Says “No” to Fantasy Sports
The tide never turned for a daily fantasy sports bill in Alabama. As a result, DraftKings, FanDuel and the rest of the paid-entry fantasy sports industry is likely to continue to stay out of the state for the foreseeable future. The Alabama legislature adjourned its session on Friday night. That adjournment did not come with a vote in the state Senate on a bill (H 354) that would have legalized and regulated paid-entry fantasy in the state. There had been action on the bill on Wednesday — including amendments — but the bill never came up for a vote. Given…
Alabama Could be Next to Regulate Fantasy Sports
Alabama could soon operate legal daily fantasy sports as State legislators decided to pass the bill. According to Biz Journals, the Alabama House of Representatives approved yesterday a gaming amendment to include daily fantasy sports under local regulations. The sector will still be considered as illegal until the Senate confirms the House approval. Daily fantasy sports operations, licenses, taxes and conditions will be under the control of recently-created Alabama Advisory Council on Gaming. Following other federal states’ measures, regional officials are discussing whether daily fantasy sports represents a form of illegal gambling (based on luck) or if it offers betting…
Casino Gambling Vote Coming to Alabama
The Alabama Senate Marketing and Tourism Committee is to vote on a new bill that could lead to the legalisation of lottery and casino gambling in the US state. Put forward by Senate President Pro Tem Del Marsh, the amendment would create a state-wide lottery and bring casino gaming to the four dog racing tracks in Alabama. The bill would also issue the state’s Governor with the power to negotiate a gambling pact with the Parch Band of Creek Indians. Money from a lottery would be placed in a trust fund while gaming revenue would be taxed at a rate…