(a) The General Assembly finds that a paid fantasy sports game conducted in compliance with this chapter does not constitute gambling for any purpose. (b) Paid fantasy sports games conducted in compliance with this chapter are exempt from § 5-66-101 et seq.
As used in this chapter: (1) “Game operator” means a person who: (A) Is engaged in the business of professionally conducting paid fantasy sports games for cash prizes for members of the general public; and (B) Requires cash or a cash equivalent as an entry fee to be paid by a member of the general […]
A game operator is authorized to conduct paid fantasy sports games through one (1) or more websites or platforms maintained and operated by the game operator.
(a) A game operator shall pay a tax for the privilege of conducting paid fantasy sports games under this chapter in an amount of eight percent (8%) of the game operator’s gross paid fantasy sports game revenues from the previous state fiscal year. (b) The special privilege tax levied in subsection (a) of this section […]
