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Proposed Legislation In Illinois Would Regulate Daily Fantasy Sites

A bill to regulate daily fantasy sports today is expected to be introduced in Illinois. State Rep. Mike Zalewski said that the legislation is "aimed at protecting consumers in the state from 'draining' their bank accounts by playing too much and making sure they have a legitimate chance of winning." He added that the bill would "create standards for auditing daily fantasy companies that want to do business in the state and prohibit their employees from playing in contests on other sites, among other restrictions" (WALL STREET JOURNAL, 10/27).

Meanwhile, FanDuel Chief Counsel Christian Genetski in a letter to NCAA Exec VP Mark Lewis said that the company "would not stop offering NCAA games." Genetski "maintained that the NCAA has no legal basis for forcing FanDuel to stop its college games because names when tied to statistics aren't subject to the approval of the athletes and 'cannot implicate their amateur status'" (ESPN.com, 10/26).

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