WASHINGTON, DC - The Subcommittee on Commerce, Manufacturing, and Trade, chaired by Rep. Michael C. Burgess, M.D. (R-TX), has announced a hearing for Wednesday, May 11, 2016, at 10:15 a.m. in 2123 Rayburn House Office Building. The hearing is entitled “Daily Fantasy Sports: Issues and Perspectives."
Daily fantasy sports games have courted the national spotlight over the past year with major advertising campaigns bringing in nearly 60 million online users. The subcommittee will examine the inner working of this emerging industry, already estimated to be worth more than $25 billion, the fairness and integrity of the games, and what consumer protections are in place.
As multiple states look into daily fantasy sports, the subcommittee hopes to understand the current direction of the industry and consider whether there is a federal role to play. A patchwork of differing and contradictory policies by the states could have negative consequences for consumers, as well as further growth and innovation.
“The issue of daily fantasy sports leagues has been at the forefront of the news over the last few years. The committee is providing a forum for all stakeholders to discuss the many aspects of this complicated issue," said Burgess.as they are posted.
See Also
* Daily Fantasy Sports: Issues and Perspectives
* Witnesses Announced for #SubCMT Daily Fantasy Sports Hearing
