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Fantasy sports bill sent to Gov. Bryant

Fantasy sports bill sent to Gov. Bryant

By: Magnolia Tribune - March 2, 2017

Fantasy sports bill approved, could mean small revenue bump

The Mississippi Legislature, struggling for ways to fund state government in the midst of sluggish revenue collections, should have at least a little help on the way.

On Wednesday, the 52-member Senate approved with six no votes and sent to Gov. Phil Bryant legislation regulating and taxing fantasy sports. If Bryant signs the legislation into law, it will mean a new source of revenue for the state.

House Gaming Chair Richard Bennett, R-Long Beach, said he does not expect fantasy sports to generate a lot of revenue for the state, but, “I think it will grow.”

Daily Journal
3/2/17

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.