Iowa Lawmakers Look To Legalize Fantasy Sports

[Greg Ambrosius]

I'm happy to report that the Fantasy Sports Trade Association is working closely with a lobbyist and a lawmaker in Iowa to introduce a bill that would legalize fantasy sports for state residents. Things are looking up here and there's hope that a bill could be passed before Opening Day, similar to the bill that was passed in Maryland last year.

Here's the latest update, courtesy of Forbes:

http://www.forbes.com/sites/marcedelman ... sy-sports/

We'll keep folks up to date on this measure and hopefully this will pass soon.

The FSTA is also working with an Arizona legislator to introduce a similar bill that would allow Arizona residents to play fantasy sports for cash prizes. Hopefully other exempt states (Washington, Louisiana, Vermont, Montana) will see the benefits of writing carve-out language for fantasy sports and allow their residents to join the 21st century when it comes to the "new national pastime."

[RoadKing]

Draftstreet already offers play in the State of Washington.

[Greg Ambrosius]

Draftstreet already offers play in the State of Washington.

So does Fanduel this year. Heck, some contests don't exempt any states. It depends on your interpretation of their state gambling laws and the level of risk your lawyers feel you're willing to take.

[Coots]

I think Vermont already passed their bill too.... Vermont is off all daily banned states now Greg...

[Greg Ambrosius]

I think Vermont already passed their bill too.... Vermont is off all daily banned states now Greg...

Where did you see that Shawn? Forward anything you know on that. Thanks much.