NEW JERSEY LAWMAKER TO INTRODUCE DAILY FANTASY SPORTS REGULATORY BILL

Tuesday November 3,2015 :  NEW JERSEY LAWMAKER TO INTRODUCE DAILY FANTASY SPORTS REGULATORY BILL
 
Less than a week after Gov. Chris Christie belittled the idea, state Sen. Jim Whelan plans to introduce  a measure.
 
Our readers may recall New Jersey Governor Chris Christie's outburst during the third Republican presidential debate, in which he ridiculed the media focus on regulating daily fantasy sports when there are so many more urgent issues on the world stage at present.
 
However, this week New Jersey Senator Jim Whelan joined politicians in several other states in calling for regulation, and revealed that he plans to introduce just such a measure for his state in the near future.
 
In a letter to state regulators and the New Jersey Casino Control Commission Monday, Sen, Whelan opined:
 
"The meteoric rise of daily fantasy sports, particularly with large sums of money being won by players, has led to accusations of insider information and corruption which could hurt consumers.
 
"I don't believe we should impede one's enjoyment of fantasy sports, however, we have an obligation to ensure that fantasy sports competition is fair, impartial, and transparent to everyone."