Mississippi becomes twelfth state to legalize daily fantasy sports
In the United States, Mississippi has become the twelfth state to legalize daily fantasy sports after Republican governor Phil Bryant signed legislation into law on Monday authorizing the online games.
Known as House Bill 967, the legislation allows the Mississippi Gaming Commission to issue three-year daily fantasy sports licenses to operators that have handed over a fee of $5,000. In return, these firms will be required to pay an 8% tax on net revenues, which have been defined as “the total of all fantasy contest entry fees that an operator collects from all pl…