
Massachusetts Governor signs DFS bill into law

 Initial regulatory framework includes no taxes or fees
Massachusetts has become the eighth state to legalize paid DFS contests after its governor Charlie Baker signed a wide-ranging economic development bill into law on Wednesday.
The bill does not introduce any fees or taxes for operating in the state, although a commission will be set up to examine issues relating to economic development, taxation, and regulatory structures.
The language of the bill defines DFS as a skill-based game and says contests must adhere to regulations written by the stateâs Attorney General Maura Healey in November 2015.
These include a 21-year old age limit, the introduction of self-imposed deposit limits and the identification of professional players.
The bill, which did not also legalise online lottery as some had hoped, was welcomed in particular by the Boston-based DFS operator DraftKings.
âToday is a special day for DraftKings,â said CEO Jason Robins.
âBoston has always been our home, and on behalf of more than 300 DraftKings employees, we want to thank Governor Charlie Baker and the Legislature for supporting our company in the city we love.
âThe legislation that Gov. Baker signs into law today reaffirms that the legendary sports fans in Massachusetts can continue playing daily fantasy games. At the same time, this daily fantasy sports provision gives DraftKings the foundation to further grow our business right here in Boston.
âDraftKings is unabashedly proud of our Boston roots and we look forward to continuing as a hub for innovation and jobs in Massachusetts for years to come,â Robins added.