Virginia became the first state to pass regulations for daily fantasy sports; DraftKings agrees to pay hundreds of thousands owed by operator FantasyHub.
The fantasy sports industry celebrated a victory when a regulatory bill was signed into law in Virginia Monday, but it may have a negative impact.
FanDuel and DraftKings take opposite approaches to legal problems in Texas, while Virginia and Indiana could enact fantasy sports laws.
Before Virginia Gov. Terry McAuliffe signs a bill to legalize daily fantasy sports, he should seek 5 amendments to dramatically improve the legislation.
Virginia could be the first state to pass a daily fantasy sports regulation bill, and there is movement in New York both legally and legislatively.
Virginia's Senate passed legislation that would regulate the daily fantasy sports industry on Wednesday, putting the bill on Gov. Terry McAuliffe's desk.
Virginia's Senate passed a daily fantasy sports bill on Monday -- the third state where legislation has gotten a positive vote in front of a...