Ohio jumps in fantasy sports regulation bandwagon

Ohio is now pushing for the regulation of fantasy sports in the Buckeye State, the newest state to join the consideration of the multi-million industry.

ABC6 reported that Ohio Senator Bill Coley introduced a bill on Monday that will categorize daily fantasy sports (DFS) a “scheme of chance.”

The bill will put fantasy sports sites under the authority of the Ohio Casino Control Commission, tasking the state regulator to make rules and enforce them throughout the state.

But unlike other proposed DFS laws in the U.S., Coley’s SB 356 is stricter since the legislation would make illegal any contest that does not return 100 percent of entry fees to players in a contest.