The battle for the legalization of daily fantasy sports (DFS) in the states of New Jersey and Alabama within the past week has resulted to a mixed bag.
Over in New Jersey, majority of Assembly members has voted in favor of a legislation that will regulate DFS and impose a quarterly fee of 10.5 percent of gross revenues on fantasy sports providers.
According to the Associated Press, the Democrat-led New Jersey Assembly voted 56-15 in favor of A3532. Three members, however, abstained from the vote.
The legislation, sponsored by Assembly members Vincent Mazzeo, Ralph Caputo, John Burzichelli, and Paul Moriarty and co-sponsored by Thomas Giblin, is somehow similar to the bill that have either been filed or passed in several other states.