DraftKings Inc. lawyer David Boies said he doesn’t agree entirely with Massachusetts proposals to regulate daily fantasy sports, but the approach is better than efforts by New York to shut the industry down.
Boies made his comments during an interview Friday on Bloomberg Television. On Thursday, Massachusetts Attorney General Maura Healey said strict regulations there will include an advertising ban on college campuses and a requirement that players be at least 21 years old.
Healey said at a Boston press conference that she had “significant concerns” about how the industry operates, specifically how regulation may protect problem gamblers and minors.
“We have a very robust regulatory legal framework that applies to casinos,” she said. “What we don’t have is a similar framework that applies to fantasy sports.”
Her proposal follows a lawsuit by New York Attorney General Eric Schneiderman against DraftKings and rival FanDuel Inc. to halt the games. The companies face a hearing Nov. 25 in state court in Manhattan to argue whether fantasy games should be shut down immediately because they’re a form of illegal gambling, or whether they may continue to operate until the New York litigation is concluded.