House panel supports Dermody's bill legalizing daily fantasy sports

Posted by: Hannah Carlock  | Wednesday, February 24, 2016 11:00 am

House panel supports Dermody’s bill legalizing daily fantasy sports

STATEHOUSE (Feb. 24, 2016) – The House Committee on Public Policy today voted 12-1 in support of a bill co-sponsored by State Rep. Tom Dermody (R-LaPorte) that would legalize and regulate daily fantasy sports games in Indiana.

Dermondy, chair of the House Committee on Public Policy, said the proposal would establish protections by barring daily fantasy employees and their families from playing, as well as professional athletes and officials. Game operators would also be required to ensure their players are at least 18 years of age and must charge an entry fee to play.

“Due to the increased popularity of fantasy sports – one million Hoosier participants—it’s important that we balance protections for Indiana consumers while not over-regulating the industry,” Dermody said.

SB 339 will now be considered by the House Committee on Ways and Means.

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Rep. Dermody represents portions of LaPorte and Starke counties.