Senate Bill 339
Enrolled Senate Bill (S)
DIGEST
Daily fantasy sports. Provides that a paid fantasy sports game does not constitute gaming for any purpose. Provides that paid fantasy sports games may be conducted through an Internet web site maintained and operated by a game operator or on the premises of certain licensed facilities under a contract between a game operator and the owner of the licensed facility. Provides for the regulation of paid fantasy sports games by the paid fantasy sports division of the gaming commission (division). Provides that the division has certain powers and duties for purposes of administering, regulating, and enforcing paid fantasy sports. Provides
Daily fantasy sports. Provides that a paid fantasy sports game does not constitute gaming for any purpose. Provides that paid fantasy sports games may be conducted through an Internet web site maintained and operated by a game operator or on the premises of certain licensed facilities under a contract between a game operator and the owner of the licensed facility. Provides for the regulation of paid fantasy sports games by the paid fantasy sports division of the gaming commission (division). Provides that the division has certain powers and duties for purposes of administering, regulating, and enforcing paid fantasy sports. Provides
that an individual must be at least 18 years of age to participate in a paid fantasy sports game. Provides that any prize awarded in a paid fantasy sports game must be made known before the paid fantasy sports game begins. Requires a game operator to implement certain procedures concerning: (1) preventing certain individuals from competing in paid fantasy sports games; (2) verifying that a game participant is at least 18 years of age; (3) allowing individuals to restrict themselves from entering paid fantasy sports games; and (4) disclosing the number of paid fantasy sports games a single game participant may enter. Establishes the fantasy sports regulation and administration fund. Provides that fees and civil penalties under the fantasy sports regulation provisions must be deposited in the fantasy sports regulation and administration fund. Appropriates money in the fund for the state fiscal year beginning July 1, 2016, and ending June 30, 2017. Provides that: (1) the game operator initial fee is at least $50,000, but may be increased up to $75,000 if the division increases the fee to cover the costs of the operation of the division; and (2) the annual fee for a game operator is $5,000. Provides that a licensee's license is contingent upon the determination by the division that the licensee is in compliance with the statute. Requires a licensee to be investigated every three years to determine compliance. Provides that a licensee shall bear the cost of investigations. Provides that a "paid fantasy sports game": (1) must require participants to pay, with cash or a cash equivalent, an entry fee to participate; and (2) may not be based on the results of certain horse races. Provides that the division may adopt rules, including emergency rules, to implement the chapter, except for certain prohibited topics. Requires game operators or licensees to make a reasonable effort to withhold cash winnings of obligors for amounts the obligors are delinquent in child support and allows game operators or licensees to deduct and retain an administrative fee in relation to withholding the obligor's delinquent child support. Permits the department of child services to share delinquent child support obligors data with game operators. Prohibits a game operator from: (1) advertising a paid fantasy sports contest in any publication or medium that is aimed exclusively to juveniles; and (2) advertising a paid fantasy sports contest or running promotional activities concerning a paid fantasy sport contest at elementary schools, high schools, and at sports venues used exclusively for student sports activities. Urges the legislative council to assign to the appropriate study committee the topics of: (1) the regulation of paid fantasy sports; (2) the taxation of paid fantasy sports; and (3) the interception of past due taxes and child support owed by paid fantasy sports game players.
... View more
7
The document is not available in the context of this page. It might be accessible at the following URL: URL