Mississippi daily fantasy sports tax bill hurdles House while lottery bill fumbles

Two important gambling bills were up in the Mississippi House on Thursday evening – with one moving to the Senate while the other in the brink of getting tossed in the garbage bin.

Mississippi Business Journal reported that House Bill 967 passed the Congress after a second vote on Thursday, paving the way for the proper regulation of Daily Fantasy Sports (DFS) in the state. The bill has been forwarded to the Senate for scrutiny.

House Bill 967 aims to impose an eight percent tax on DFS operators and authorize the Mississippi Gaming Commission to regulate fantasy sports contests online or in casinos.

The measure, which is based on the recommendation of a study group formed after the state has legalized fantasy sports contests last year, also gives the state regulator the power to conduct a background check on DFS operators, require them to get a state license and for the firms to be audited annually.