Introduced
by
To establish a permissive licensure and regulatory regime on fantasy sports games and contests that offer money prizes, with games subject to specified restrictions and requirements, and an initial license fee of up to $50,000 for would-be vendors. Game outcomes would have to be the result of player skill and knowledge and not just chance, with prize amounts specified in advance. Individuals who run small scale fantasy sport games from their home would be exempt from licensure.
Referred to the Committee on Regulatory Reform
