FanDuel<\/a>, both members of the FSTA, delighted in the formation of the agency headed by Harris.<\/p>\n“We are committed to working with the Fantasy Sports Control Agency,” DraftKings CEO Jason Robins said in a statement. “At DraftKings, we recognize our responsibility to the millions of fans who are captivated by the excitement and interactive nature of daily fantasy sports.”<\/p>\n
Perhaps most notably omitted from the FSCA announcement is any reference to how DFS operators will be regulated as it relates to taxes.<\/p>\n
With the industry now valued at $1.5 billion, that is likely one of the foremost reasons daily fantasy has captured the interest of politicians.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Fantasy Sports Trade Association (FSTA) is being proactive in its public defense of the contests its members offer to residents across the United States. With mounting scrutiny from state regulators, attorneys, and even the Department of Justice, daily fantasy operators are trying to troubleshoot the industry and regain favorability among lawmakers and the media. […]<\/p>\n","protected":false},"author":42,"featured_media":32160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,16],"tags":[],"acf":[],"yoast_head":"\n
Fantasy Sports Trade Association Forms Self-Regulatory Agency for DFS<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n