Derek Hein

Cavalier92 / https://www.flickr.com/photos/cavalier92/2825481566

The two leading fantasy football companies are backing an Indiana proposal to regulate the industry.

Representatives of DraftKings and FanDuel told a House committee this week a bill setting standards for daily fantasy sports would ensure players of an honest game -- and prevent legal battles like the one in New York, whose attorney general is trying to shut down the sites as illegal gambling.

DraftKings representative Derek Hein says the company welcomes state regulation setting standards for fantasy sports operators.