Can I obtain a fantasy sports license in Vermont? What are the requirements?
To obtain a fantasy sports license in Vermont, you must comply with the requirements outlined in Title 9 Vermont Statutes, Chapter 63, Subchapter 11. Fantasy Sports Contests.
License Requirements A fantasy sports operator must file an annual registration with the Secretary of State on a form adopted for that purpose and pay an annual registration fee of $5,000.00 [1.1].
Exemption The provisions of 13 V.S.A. chapter 51, relating to gambling and lotteries, shall not apply to a fantasy sports contest [1.
Can I obtain a fantasy sports license in Utah? What are the requirements?
Fantasy Sports License in Utah Unfortunately, Utah does not currently offer a fantasy sports license. Therefore, there are no requirements to obtain such a license. [2.1]
If you have any further legal queries, feel free to ask.
Source(s): [2.1] Temporary sports event registration – Definitions – Issuance – Fees – Expiration – Rulemaking authority.
Can I obtain a fantasy sports license in Tennessee? What are the requirements?
Yes, you can obtain a fantasy sports license in Tennessee by meeting the requirements outlined in TNCO 47-18-1603 [1.1] and complying with the additional requirements for fantasy sports operators outlined in TNCO 47-18-1605 [1.2].
Requirements for obtaining a fantasy sports license in Tennessee To obtain a fantasy sports license in Tennessee, you must meet the following requirements:
Submit an application, along with the required fee, to the secretary of state. Provide sufficient documentation to the secretary of state to assure that you meet the requirements for licensure, including, but not limited to: The name of the applicant; The location of the applicant’s principal place of business; A complete disclosure of the true ownership of the applicant; The applicant’s criminal record, if any; Any ownership interest held by a director, officer, policy-making manager, or principal stockholder in any entity previously or currently licensed by another entity that licenses fantasy sports operators or similar entities; A description of any physical facility operated by the fantasy sports operator in this state, the facility’s employees, and the nature of the facility’s business; Information sufficient to show that the applicant limits individual player deposits to no more than two thousand five hundred dollars ($2,500) per month, unless the player provides reasonable certification or proof to the fantasy sports operator that the player’s deposit limit should be increased; Information sufficient to show that the applicant protects player funds on deposit by, at a minimum, segregating player funds from operating funds and maintaining a reserve for the benefit and protection of authorized players’ funds in fantasy sports accounts; Information sufficient to show that the applicant limits each player to one (1) active and continuously used account; Information sufficient to show that the applicant is in good standing with the department of revenue; and Any other information the secretary of state deems necessary.
Can I obtain a fantasy sports license in Rhode Island? What are the requirements?
To operate a fantasy sports contest in Rhode Island, you need to obtain a license from the Rhode Island Department of Business Regulation, Division of Gaming and Athletics Licensing [2.1]. The requirements for obtaining a license include being a registered business entity in Rhode Island, submitting an application and fee, providing a detailed description of the proposed contest, proof of financial stability and responsibility, a list of employees and contractors, and compliance with all applicable laws and regulations [2.
Can I obtain a fantasy sports license in Pennsylvania? What are the requirements?
Here are the requirements to obtain a fantasy sports license in Pennsylvania:
Fantasy Sports License Requirements in Pennsylvania To obtain a fantasy sports license in Pennsylvania, you must fulfill the following criteria:
Fulfill each condition set by the Board or contained in 4 Pa.C.S. Chapter 3, including the execution of a statement of conditions [1.1][2.1][2.2][2.3]. Be found suitable consistent with the laws of the Commonwealth and is otherwise qualified to be issued a fantasy contest license [1.
Can I obtain a fantasy sports license in Ohio? What are the requirements?
To obtain a fantasy sports license in Ohio, you must apply for licensure, designate at least one key employee, comply with all instructions, and pay a non-refundable fee in the applicable amount [1.1][2.1]. The fees vary depending on the number of fantasy contest players in the state of Ohio who paid at least one entry fee in the twelve months prior to the current application for licensure. The fees range from $30,000 for a fantasy contest operator who has at least fifteen thousand fantasy contest players to $3,000 for a fantasy contest operator who has less than five thousand fantasy contest players [1.
Can I obtain a fantasy sports license in North Dakota? What are the requirements?
Requirements for Obtaining a Fantasy Sports License in North Dakota According to the documents provided, there is no specific information regarding obtaining a fantasy sports license in North Dakota. However, the North Dakota Attorney General’s office is responsible for administering, regulating, enforcing, and promoting the state’s lottery [2].
It is possible that fantasy sports fall under the jurisdiction of the North Dakota Lottery, and therefore, you may need to contact them directly to inquire about obtaining a license.
Can I obtain a fantasy sports license in New York? What are the requirements?
Obtaining a Fantasy Sports License in New York To obtain a fantasy sports license in New York, you must register with the New York State Gaming Commission pursuant to section 1403 of NYCL PML § 1402 [1.1]. The regulations promulgated by the commission shall provide for the registration and operation of contests in New York state and shall include, but not be limited to, responsible protections with regard to compulsive play and safeguards for fair play [1.
Can I obtain a fantasy sports license in New Jersey? What are the requirements?
To obtain a fantasy sports license in New Jersey, you must apply to the Division of Consumer Affairs in the Department of Law and Public Safety. The division will investigate your application and oversee the conduct of activities. You must pay a permit fee and a quarterly operations fee. The division has the authority to inspect your facilities to ensure the integrity of fantasy sports activities. If you were offering fantasy sports activities in New Jersey on August 24, 2017, you are permitted to continue to provide fantasy sports activities until April 7, 2018.
Can I obtain a fantasy sports license in Missouri? What are the requirements?
Yes, you can obtain a fantasy sports license in Missouri. The Missouri Gaming Commission issues licenses to fantasy sports contest operators (FSCOs) who wish to offer fantasy sports contests for play in Missouri [1.1]. To obtain a license, you must apply for a Fantasy Sports Contest Operator License using the Fantasy Sports Contest Operator Application form provided by the commission [2.1]. The application form requires you to demonstrate experience, reputation, competence, and financial responsibility consistent with the best interest of the Missouri fantasy sports industry and in compliance with the laws of the state.