DFS making a comeback in Nevada?

**The Buzz** · 24 August 2016, 10:00 am

Fan Duel and Draft Kings proposed a new category of regulation and license fees that would help Nevada join 41 other states where the practice is up and running. You may remember that Nevada determined last fall that daily fantasy sports sites qualified as "gambling" and said they could not operate without a license.

Read more from the AP: http://www.washingtontimes.com/news/...eback-in-neva/

Meanwhile, USFantasy Sports will launch a "pari-mutuel" DFS format in Nevada next week that its CEO Bob Kocienski explained is like horse racing, but replacing the horses with professional athletes. Kocienski also took a shot at the other DFS operators concerning regulation:

"The other (DFS) concepts are flawed. I don't want to throw stones at the other companies, but when you have 99% of the money being won by 1% of the people playing, how can you consider that consumer protected? . . . We want to be regulated. We like to be at the front door, not the back door. We're used to being regulated. The regulators know more about us than we know about ourselves and that's fine with us. We want to have consumer protection and transparency, unlike our competitors."

Read more from the Casino City Times: https://www.casinocitytimes.com/gary...rtsbooks-65551