WagerWire has submitted a letter of support to the California Attorney General for Daily Fantasy Sports (DFS) in the Golden State. The move is part of a collective effort from The Coalition for Fantasy Sports, which includes brands such as Betr and PrizePicks.
The letter is in response to a request to the Attorney General titled 'Request for Comments Regarding Attorney General Opinion 23-1001.' The request poses the question of DFS in the state, asking: ‘Does California law prohibit the offering and operation of daily fantasy sports betting platforms with players physically located within the State of California, regardless of whether the operators and associated technology are located within or outside of the State?’
WagerWire has stated its concern for the DFS industry in the state were the opinion of the California Attorney General a negative one. In a post on LinkedIn, the company wrote, ‘An adverse opinion by the AG would have a chilling effect that stretches beyond DFS and has the potential to stifle innovation in one of the nation's fastest-growing industries.’
WagerWire also noted the Golden State’s current tax revenue deficit of $73bn, suggesting that restrictions on DFS would also cause issues for the state.
Other operations by the Coalition include its recent support of the Fantasy Sports Consumer Protection Act in Illinois, or Illinois House Bill 5648, which will provide robust regulation for DFS in the state. Coalition member PrizePicks also released a new peer-to-peer game in January, PrizePicks Arena, which is currently available in states including Wyoming and Alabama.
