Ever play fantasy sports in Connecticut? By the estimate of DraftKings and FanDuel, about 600,000 of you have done so over the past decade, even if their business operates in a grayish area of state law and never has been licensed or taxed.
There is no gray, however, in the gambling bill scheduled to be debated Thursday in the House of Representatives. Not only would it legalize sports betting and online casino gambling, it explicitly outlines a licensing process for fantasy sports.
Ironically enough, once the bill becomes law, DraftKings and FanDuel would be forced to cease operations in Connecticut until the Department of Consumer Protection develops regulations and the companies get licensed.
