Earlier this week, Gaming Commission Chairman A.G. Burnett addressed the public with a memo, which presumed daily fantasy sports games are categorized under Nevada Law to be a form of betting. According to Blog Roll Call, individuals involved with online fantasy football sites are considered to be gambling and spend at least $1,000 a day.
Government officials are concerned that the makers of the various online Fantasy Football sites have not considered the population of people who were going to use them. According to Blog Roll Call, Senate Minority Leader Harry Reid has gained the support of the Nevada Gaming Control Board to implement mandatory licenses for online gambling sports sites.
Since online fantasy football sites are considered to be gambling, government officials are also concerned about the lack of currency control. Reid recently stated in Blog Roll Call, “Unless more states follow, we will have an increase in corruption and families torn apart due to unregulated illegal gambling.” Therefore, regulations must be put in place to oversee the various online Fantasy Football gaming sites, which are considered a form of gambling.
By Jhayla D. Tyson
Edited by Leigh Haugh
Blog Roll Call: Reid Backs Gaming Regulations for Fantasy Sports Sites
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