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California attorney general reportedly plans opinion on paid fantasy sports

Regulation

California Attorney General Rob Bonta is reportedly preparing an opinion that would make paid fantasy sports illegal across the state. The report cites an unnamed industry source; Bonta’s office has not issued the opinion, and the Coalition for Fantasy Sports and the California Nations of Indian Gaming Association gave opposing responses.

Operators and players face uncertainty because the reported opinion could prohibit paid fantasy sports, but has not been issued.

End-of-day close DraftKings (DKNG), USD, to 8 August 2025
Story date12 May 20258 August 2025

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Virginia lawmakers propose tax and fees for paid fantasy sports

Virginia lawmakers introduced House Bill 145 and Senate Bill 129 to establish a proposed Fantasy Contests Act. The bills would impose a 10% monthly tax on proceeds from paid fantasy contests, alongside a three-year permit with a $50,000 application fee and a $50,000 payment to a gambling-treatment fund. Industry representatives warned the added costs could push some businesses to leave the state.

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