Fantasy Sports Industry Questions Mass. AG's Proposed Regs
Law360, New York (January 12, 2016, 9:57 PM EST) -- The daily fantasy sports industry pushed back against some of the consumer protection restrictions proposed by Massachusetts Attorney General Maura Healey at a public hearing on the regulations Tuesday.
Healey's proposed regulations, released in November, seek to protect minors, ensure truthful advertising and bring transparency to the industry with restrictions such as a 21-year-old age limit, a $1,000 per month deposit limit, prohibition on extending lines of credit and the creation of beginner contests that exclude professional or highly experienced players.
At the public hearing, representatives for the Fantasy Sports Trade Association and Boston-based daily fantasy operator DraftKings Inc. said they...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!
Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.