Fantasy sports bill approved, could mean small revenue bump

The Mississippi Legislature, struggling for ways to fund state government in the midst of sluggish revenue collections, should have at least a little help on the way.

On Wednesday, the 52-member Senate approved with six no votes and sent to Gov. Phil Bryant legislation regulating and taxing fantasy sports. If Bryant signs the legislation into law, it will mean a new source of revenue for the state.

House Gaming Chair Richard Bennett, R-Long Beach, said he does not expect fantasy sports to generate a lot of revenue for the state, but, “I think it will grow.”

Daily Journal
3/2/17