https://www.lotterypost.com/news/300893 Lottery Post News Story: Virginia becomes first state to formally legalize daily fantasy sports en-us Lottery Post RSS Generator https://www.lotterypost.com/news/300893/4522480 https://www.lotterypost.com/news/300893/4522480 Fri, 11 Mar 2016 21:49:52 GMT ressuccess I don't know why Virginia signed the Fantasy Contests Act.

]]> ressuccess https://www.lotterypost.com/news/300893 https://www.lotterypost.com/news/300893 Tue, 08 Mar 2016 02:24:13 GMT Lottery Post Virginia Monday signed into law the Fantasy Contests Act, a bill outlining how daily fantasy sport sites like DraftKings and FanDuel can operate legally in the state. The law is the nation's first formal recognition of the industry after months of heated legal activity in multiple states.

Regulators and lawmakers around the country have sought bans on the websites on the grounds they constitute illegal online gambling. The Virginia legislature first approved the new bill in February. Governor... [ More ]

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