The Coalition for Fantasy Sports, a group representing the interest of Daily Fantasy Sports (DFS) operators, has announced its support for Illinois House Bill 5648, the Fantasy Sports Consumer Protection Act, aimed at providing a regulatory framework for DFS within the state.
While Illinois legalized sports betting in 2019, the state did not pass a legal framework for games of skill at the time. This proposed bill would “close an essential chapter in the effort to safeguard fantasy sports fans throughout Illinois,” according to the coalition.
“The proposed legislation aims to not only protect the hundreds of thousands of fantasy sports fans across Illinois but also the integrity of the games they enjoy,” says the group. The coalition argues the framework would ensure legal clarity, responsible play, and consumer protection while promoting innovation and removing barriers to growth that threaten the fantasy sports industry.
“With the popularity of daily fantasy sports soaring, now is the time to codify the industry’s legal status into state law and ensure Illinois players are best protected,” said Chief Senate Bill Sponsor Lakesia Collins.
“That is why I’m incredibly excited to take the lead on legislation that would not only allow sports fans to continue playing the daily fantasy contests they love, but do so in a way that protects their best interests, puts up guardrails to keep bad actors out of the market, and generates potentially tens of millions in new tax revenue for Illinois.”
House Bill Sponsor Representative Eva-Dina Delgado added: “Our goal is to provide a secure environment for fantasy sports fans across the state of Illinois. This legislation is a positive step toward ensuring that fantasy sports enthusiasts can continue participating in these contests with confidence.”
The proposed legislation will be considered during the Illinois legislative session. “It will protect the ability of fans to lawfully participate in the contests of skill they love while fostering a competitive and thriving landscape for fantasy sports across the state of Illinois,” as per a coalition statement.
The Coalition for Fantasy Sports describes itself as made up of members from leading DFS companies working together to protect fantasy sports players, promote innovation, ensure responsible play, identify best practices and encourage the growth of the market. Its members include Underdog Fantasy, PrizePicks, Betr and Sleeper.
Original article: https://www.yogonet.com/international/noticias/2024/02/16/70870-dfs-operators-coalition-announces-supports-for-illinois-39-fantasy-sports-consumer-protection-act
