Texas Representative considers filing DFS measure

The state of Texas may soon be the next in the US to create regulations in regards to the daily fantasy sports industry. Representative Richard Pena Raymond stated late last week that he plans on filing a bill that will clarify the daily fantasy sports industry in the state, naming the activity one of skill and not one of chance.

Back in January, Ken Paxton, the State Attorney General, announced an opinion that daily fantasy sports is considered a prohibited form of gambling due to wagering on events being prohibited when a partial or full element of chance is involved. After his opinion was announced, residents of Texas began to come forward stating their displeasure, arguing that DFS contests are legal.

Raymond has stated that fantasy sports are nothing like a roulette whe…

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