Regulating and Taxing Daily Fantasy Sports in N.J.

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Fanduel 300x250banner 9.25% Tax Would be Imposed on DSF

TRENTON — A Democratic state lawmaker on Monday formally introduced legislation to regulate and tax daily fantasy sports in New Jersey. State Sen. Jim Whelan (D-Atlantic) announced last fall that we would consider regulating the billion-dolar industry industry which has become the subject of increasing scrutiny in recent months. The measure Whelan unveiled Monday would have…

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About Editor

Rich Nilsen is a 12-time qualifier to the National Handicapping Championship (NHC), an event he has cashed in four times. He was the first player to finish in the top 10 twice. He recently won a $24,000 package into the 2016 Kentucky Derby Betting Championship. A former executive with Brisnet.com, Rich is also a graduate of the University of Louisville Equine Business Program. He is founder of AGameofSkill.com, a site devoted to horse racing education and promotion.

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