« News index »
IOWA POLITICIAN WANTS TO ALLOW ONLINE FANTASY SPORTS GAMBLING
07th March, 2013 at 10:39:51
Proposes bill to expand current gambling limits and include online fantasy sports.
Our laws aren't caught up to online gambling, and it kind of blew my mind it's against the law to do that, said Rep. Jake Highfill, a Republican politician in the Iowa legislature in introducing a proposal to increase current betting limits and legalise online gambling on fantasy sports within the state.
Highfill's bill would increase the betting limit to $500; currently, Iowa law only allows punters to win $50, which Highfill claimed to the Daily Iowan newspaper leads to Iowans unknowingly breaking a law which can in any case be challenging to enforce.
University of Iowa associate professor John Solow, said: I don't see gambling on fantasy sports any different than the turn of a card or the pull of a one-armed bandit. A NCAA March Madness pool or a game like fantasy football or fantasy baseball should be people's own decision to make.
Subject to states' rights, gambling on fantasy sports is exempted from federal laws on internet gambling, along with horse racing and state lotteries.
The pastime has an active university student following, although Highfill's proposal specifically retains a ban on gambling on educational premises and campuses.
Fantasy players told the newspaper that they supported the higher $500 limit.
Related News Tags: Fantasy Sports
SBTECH POWERS BETSER (Update)
26th September, 2016 at 16:33:49
Innovative cross between fantasy, private and social betting.
EMBARRASSING START TO THE NFL SEASON FOR ESPN
12th September, 2016 at 08:49:55
App crashes and is down for hours on opening Sunday.
NEW U.K. SPORTSBOOK HIRES WELL-KNOWN BROADCASTER
11th August, 2016 at 08:56:11
Alan Brazil will be the front-man for Argyull Entertainment's Betonbrazil.com.
BETFRED BACKS GLORYHUNTER FOOTBALL APP
10th August, 2016 at 14:59:14
Innovative take on fantasy sports team selections.
FANDUEL FORMALLY LAUNCH IN UK MARKET
01st August, 2016 at 20:32:47
Rebrand and expand product offer.