Congress on Wednesday launched a fact-finding mission into the loosely regulated world of fantasy sports games -- a multibillion-dollar business that seemingly advertised everywhere during the pro football season.
Maryland would become the first state to let voters decide whether the popular but controversial phenomenon of Internet fantasy sports betting is fully legal, under a bill now pending in the legislature.
Virginia has become the first state with a law regulating the fast-growing but embattled online fantasy sports industry and specifying that fantasy sports betting is not "illegal gambling."
The National Football League should stop offering fantasy sports competitions to children because the games could lead some young sports fans down the path of gambling addiction, two nonprofit groups said in letters sent to Commissioner Roger Goodell.
The country's two biggest daily fantasy sports companies filed court papers on Friday in New York, asking a judge to stop the state attorney general's efforts to shut down their operations and rule on the legality of their businesses.
A state lawmaker plans to introduce a bill that would regulate daily fantasy sports in New Jersey, putting in charge of it a state agency widely considered the toughest gambling regulator in the country.
Daily fantasy sports sites have been dealt a setback with Nevada regulators ordering them out of the state unless they get a gambling license -- a decision that's likely to be closely watched by other states that allow gambling.