Report: Congress to hold daily fantasy sports hearing
Congress will hold a hearing regarding daily fantasy sports, reports ESPN’s David Purdum.
According to the report, the Subcommittee on Commerce, Manufacturing, and Trade will focus on the legality of daily fantasy sports during the hearing, as well as consumer protection, the need for federal involvement and the future of sports betting.
The legal status of daily fantasy sports has been dealt with at the state level for months, with nine attorneys general ruling that they violate gambling laws. Over 20 states are currently considering daily fantasy bills.
The hearing date is reportedly set for May 11.