Indiana is One State Looking to Embrace DraftKings, FanDuel
In the wake of New York and a handful of other states efforts to scare off Daily Fantasy Sports sites the likes of DraftKings and FanDuel, Indiana is taking on an entirely different approach.
"With the backlash they have received in their home state, we propose FanDuel move their headquarters to Indiana," said a statement from Rep. Alan Morrison, R-Terre Haute, and Sen. Jon Ford, R-Terre Haute.
Morrison drafted a bill that would legalize Daily Fantasy Sports in his state. He told the Indianapolis Star that there have been discussions with FanDuel regarding such a relocation, that would likely result in a few hundred new jobs.
New York Attorney General Eric Schneiderman has forced FanDuel and DraftKings into a pricey legal battle. This past week, Schneiderman even demanded that the two companies refund New York customers back their losses.
A FanDuel spokesman thanked the Indiana lawmakers for "offering FanDuel a safe haven to provide jobs and stimulate a nascent industry."
"The approach in Indiana — where FanDuel is proud to sponsor both the Colts and Pacers — underscores that growing technology businesses and sensible consumer protections are hardly mutually exclusive," the spokesman said in an email. "We hope to be able to stay in our home state but are grateful to know that we are wanted and recognized for our ability to create jobs elsewhere."
- Aaron Goldstein, Gambling911.com