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Should NH regulate fantasy sports?

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Last week Nevada ruled that daily fantasy sports are illegal without a gambling license from the state.  Several other states are considering regulations or an outright ban on daily fantasy sports. 

Daily fantasy sports websites allow users to bet on the performance of individual players on game day. 

DraftKings and FanDuel, the two biggest fantasy sports websites, argue this does not constitute gambling because users must have knowledge and skill to select successful players.

Opponents counter that most users on fantasy sports websites are not skilled, and chance has more impact than skill.

Daily fantasy sports – unlike month-long or season-long fantasy sports – also present a greater risk of gambling addiction.

States may be interested in regulating fantasy sports in order to generate revenue.  Fantasy sports operators might pay the state license fees.  Alternatively, the state could operate its own fantasy sports games.

The head of Massachusetts’ lottery commission has expressed interest in a state fantasy sports website. 

New Hampshire Rep. Adam Schroadter has requested a 2016 bill “establishing a state sports lottery.”  The text of that bill is not yet public.

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