According to information published by Legal Sports Report, a bill becomes a law in Maine when the governor did nothing to the legislation for a month. In this case, the bill introduced by Senator Roger Katz and co-sponsored by State Representatives Jeffrey Timberlake, Bradlee Thomas Farrin and Jared Golden and State Senators Andre E. Cushing III, Troy Dale Jackson, Garrett P. Mason was submitted to Le Page in June.
Maine’s DFS bill gives clarity that fantasy sports is not a game of chance and is therefore exempted from state gaming laws.
The bill gives oversight power to the state’s Gambling
Control Unit as well as authority to promulgate rules. It also levels the
playing field among operators since companies with revenue less than US$ 100,000
will not be subjected to a licensure fee.
Operators like DraftKings and FanDuel that earn more than US$ 100,000 will have
to pay a US$ 2,500 licensing fee. Companies earning more than US$ 100,000 will
also be taxed 10 % of their gross revenue.
