DraftKings and FanDuel Attend Informational Hearing in California

DraftKings and FanDuel Attend Informational Hearing in California

Martha Coakley once served as attorney general for Massachusetts, however now the lawmaker that is former working to encourage politicians into taking reasonable actions regarding DraftKings and FanDuel.

DraftKings and FanDuel attended an Informational Hearing held by the Assembly Committee on Governmental Organization on Wednesday to call on lawmakers to pass through significant and ‘common-sense’ legislation for the daily dream activities (DFS) market.

Fresh off what is a likely defeat in New York, the 2 leading DFS operators pleaded with Sacramento lawmakers to study and learn about just how their services work before rushing to any legal judgment.

Former Massachusetts Attorney General Martha Coakley, who now works for DraftKings, told those in attendance, ‘We’re perhaps not saying don’t do anything. We’re just saying take it in a reasonable, careful means.’

Nevada, New York Fold on DFS

The California legislature is officially adjourned until the brand New Year, but that didn’t stop the DFS powerhouses from showing face during the casual hearing this week.

That is rather understandable considering California is the most populated of the 50 states and home to nearly 40 million individuals.

For daily fantasy to carry on its fast growth, operators cannot afford to lose jurisdiction that is legal additional states, particularly one the size of California.

As is frequently the instance when it concerns gambling

Read moreDraftKings and FanDuel Attend Informational Hearing in California

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