DE HB444 | 2015-2016 | 148th General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 9-4)
Status: Introduced on June 28 2016 - 25% progression, died in chamber
Action: 2016-06-29 - Reported Out of Committee (GAMING & PARIMUTUELS) in House with 7 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Status: Introduced on June 28 2016 - 25% progression, died in chamber
Action: 2016-06-29 - Reported Out of Committee (GAMING & PARIMUTUELS) in House with 7 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Summary
An estimated 100,000 people in Delaware participate in some form of fantasy sports, whether it’s a football or baseball league with their friends and family, or more recently, a daily or weekly contest against players from across the country. This legislation confirms that those contests are “games of skill” and, therefore, not a form of illegal gambling under Delaware law. It also requires operators to apply for a license and comply with some of the strictest consumer protection safeguards in the nation. Finally, the legislation subjects operators of paid fantasy sports contests to a 15.5% tax on their net adjusted revenues.
Title
An Act To Amend Title 29 Of The Delaware Code Relating To Fantasy Contests.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-06-29 | House | Reported Out of Committee (GAMING & PARIMUTUELS) in House with 7 On Its Merits |
2016-06-28 | House | Introduced in House and assigned to Gaming & Parimutuels Committee |
2016-06-28 | House | Assigned to Gaming & Parimutuels Committee in House |