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Delaware authorized daily fantasy sports

The House passed by 28-6 a bill that would legalise and regulate daily fantasy sports in Delaware. Due tj this reason Delaware has become the 14th US state to authorize daily fantasy sports operations, just as the state’s real-money online gambling market took a nosedive.

House bill passed overwhelmingly through both the Senate and House of Representatives in June, with the new legislation making Delaware among the most expensive states in the US in which to operate daily fantasy sports.

Companies wishing to operate DFS franchises in the state will have to pay an upfront fee of $50,000 together with a 15.5% tax rate on its gross revenue.

 

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