Massachusetts AG Issues Rules for Daily Fantasy Sports Sites
BOSTON (AP) _ The attorney general of Massachusetts has finalized what she calls the most comprehensive rules in the nation for daily fantasy sports operators.
The regulations issued on Friday by Maura Healey are largely the same as those she proposed in November. They set a minimum age of 21 for participating in the online contests and bar games based on college or other amateur sports.
The rules officially take effect July 1 and do not require legislative approval.
Players won't be able to deposit more than $1,000 into their online accounts each month. Operators will be required to offer ``beginner'' contests for less skilled players.
Companies like Boston-based DraftKings and New York-based FanDuel have praised Healey's approach to fantasy sports, while also voicing objections to some provisions, including the 21-year-old age restriction.