Massachusetts finalizes comprehensive fantasy sports rules Mar 26th

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BOSTON – Massachusetts Attorney General Maura Healey issued rules Friday for daily fantasy sports operators that she called the most comprehensive in the nation, including a minimum age of 21 for participating in the online contests.
The final regulations are largely the same as the ones Healey, a Democrat, proposed in November. They also bar games based on college or amateur sports, and individual players could not spend more than $1,000 each month without proof they could withstand deep financial losses.
Operators such as Boston-based DraftKings and New York-based FanDuel will also be required under the rules to offer “beginner” contests that highly experienced players would be prevented from entering.
Healey, who said the regulations will create a “level, fair playing field” for participants, opted for a different approach to fantasy sports than counterparts in some states, notably New York, where Attorney General Eric Schneiderman has argued the sites amounted to illegal gambling…

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