Top daily fantasy sports companies DraftKings and FanDuel, in a deal with the NCAA, have agreed to indefinitely suspend contests on college sports in all U.S. states, ESPN reported on Thursday.
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Maryland would become the first state to let voters decide whether the popular but controversial phenomenon of Internet fantasy sports betting is fully legal, under a bill now pending in the Legislature.
The nation’s two largest daily fantasy sports websites have agreed to stop taking paid bets in New York through the end of baseball season, in September, as lawmakers consider legalizing the popular online contests, the state’s attorney general announced Monday.
The nation’s main daily fantasy sports companies are opposing New Jersey’s effort to regulate them because a proposed measure does not explicitly say they offer games of skill instead of gambling.
Connecticut moved closer Thursday toward becoming the latest state to regulate the fast-growing online fantasy sports industry.
Texas reached a deal with fantasy sports firm FanDuel by which it will halt paid operations on May 2, the state’s top prosecutor said on Friday, two months after saying such online operations are illegal gambling.