WASHINGTON, D.C. – Congress may open a hearing about the relationship of fantasy sports to gambling, potentially the initial step in a legal challenge to the exploding daily fantasy sports industry dominated by DraftKings and FanDuel.
Rep. Frank Pallone (D-NJ) requested the hearing in the governing body that oversees professional sports and gambling, the Energy and Commerce Committee, on Monday afternoon. He wants to scrutinize the difference in gambling on sports and playing fantasy and to examine the close ties between sports leagues and teams and the fantasy industry.
“Anyone who watched a game this weekend was inundated by commercials for fantasy sports Web sites, and it’s only the first week of the NFL season,” Pallone said in a statement. “These sites are enormously popular, arguably central to the fans’ experience, and professional leagues are seeing the enormous profits as a result. Despite how mainstream these sites have become, though, the legal landscape governing these activities remains murky and should be reviewed.”
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