February 4, 2014
Fantasy sports have grown in popularity among avid sports fans but playing for earnings is illegal in Iowa. State lawmakers are hoping to remove any legal problems for fantasy sports enthusiasts, which means participants could begin to cash in on their time spent pouring over statistics.
“We have a very simple solution,” said Sen. Jeff Danielson, D-Cedar Falls, during a Senate State Government Subcommittee Wednesday. “We say that fantasy sports in this bill aren’t considered gaming under Iowa definition.”
John Cacciatore, lobbyist for the Fantasy Sports Trade Association, told lawmakers fantasy sports isn’t gambling but a “game of skill” requiring participants to weed through “a myriad of statistics, facts and game theory” to be competitive.
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