Dan Ruth Quoted in the Birmingham Business Journal Regarding Daily Fantasy Sports as Another Source of Tax Revenue for the State
Dan Ruth, attorney in the firm’s Birmingham office and member of the Corporate Practice, was quoted in a Birmingham Business Journal article on April 20, 2017, regarding proposed Alabama legislation which would legalize daily fantasy sports. Dan discussed the potential taxation of the games. In the article, he compared daily fantasy sports taxation to cigarette and liquor taxes and recognized this tax as a way for the state to raise revenue. Dan said officials potentially could take a similar approach to fantasy games as the state did during its move to tax Amazon services.