Home » NEWS » Gaming » Mississippi mulls regulations for fantasy sports betting

Mississippi mulls regulations for fantasy sports betting

Fantasy sports betting operators could soon face an 8 percent tax on their Mississippi revenue.

House Bill 967 would establish the tax and authorize the Mississippi Gaming Commission to regulate sports betting operations online or in casinos. The bill passed the House Gaming Committee on Thursday and moves to the full House for more debate.

Mississippi legalized fantasy sports betting last year and established a study group to recommend rules. Those recommendations are in the bill.

Operators would have to undergo a background check, get a state license and be audited annually. They also would have to verify that people placing bets are at least 21.

Republican Rep. Scott DeLano of Biloxi says the regulations could ensure that fantasy sports betting doesn’t affect the integrity of casino gambling operations.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Associated Press

Leave a Reply

Your email address will not be published. Required fields are marked *