The topic of daily fantasy sports in the United States is multifaceted. Although several states (Arizona, Hawaii, Idaho, Iowa, Louisiana, Montana, Nevada, and Washington) have enacted legislation formally legalizing DFS, and nine states (Arizona, Hawaii, Idaho, Nevada, and Washington) have outlawed it entirely, the majority of US states have yet to reach a conclusion. A number of states find themselves in a gray area regarding DFS, as the Senate has not reached a definitive conclusion on the matter.
Thankfully, Mississippi has clarified its position on the matter. Daily fantasy sports were formally legalized and regulated in Mississippi as the fourth state to do so; therefore, they are completely legal in Mississippi.
An Overview of Online Daily Fantasy Sports in Mississippi
While several states have yet to reach a conclusive stance on daily fantasy sports, Mississippi has ultimately expressed its position. Daily fantasy sports were granted official legalization in Mississippi in 2016, albeit for a limited time only, as the legislation expired in July 2017. In light of the newly formed Fantasy Contest Task Force’s intention to develop all-encompassing regulations for the future, a transitory ruling was issued.
In March 2017, Governor Phil Bryant reinstated the explicit legality of daily fantasy sports in Mississippi, this time without temporal restrictions. The primary objective behind the legalization of DFS was to generate revenue through the imposition of taxes on operators. The fact that 8% of total revenue is returned to the state is a significant incentive! Additionally, a $5,000 licensing fee is required of operators for each three years of operation in the state.
In 2016, the legality of DFS was the subject of some controversy, as stated by Mississippi Attorney General Jim Hood, who argued that DFS was unlawful: “Fantasy sports wagering is currently prohibited in the state of Mississippi, both within licensed gaming establishments and outside of them, in accordance with applicable legislation.” Legislative authority would encompass any modifications to the legislation. Clearly, that has been resolved with the passage of the legislation that has occurred since then.
College Fantasy Sports: An Extensive Selection
As we have seen, Mississippi is not particularly renowned for its athletic prowess; the state is devoid of any major league professional sports teams. However, the state performs exceptionally well at the collegiate level. The highest collegiate competition, Division I of the National Collegiate Athletic Association, is comprised of six distinct universities. Mississippi is represented in this league. The University of Southern Mississippi, Alcorn State University, Jackson State University, Mississippi State University, and Mississippi Valley State University all contribute to these.
The legislative history of daily fantasy sports
The gambling history of Mississippi indicates that this state permitted gambling relatively early on. Numerous laws have been amended as events have developed, but a considerable number of them remain remarkably lenient toward wagering operators. We shall provide an overview of several critical dates.