The Comptroller's office announced the daily fantasy sports rules that were proposed in July are now taking effect.
With the new year, regulations for daily fantasy sports are taking effect in Maryland. State Comptroller Peter Franchot proposed the regulations in July.
"Daily online fantasy sports games have a significant presence in Maryland," Franchot said in a statement released Jan. 3. "It is entirely appropriate that we enforce basic rules to ensure the games are fair, anti-competitive abuses are declared out of bounds and appropriate taxes are paid."
Mostly, the regulations address consumer protection issues and are similar to rules in other states that have addressed daily fantasy sports.
