US Lawyer Database

§ 5-1203 – Prohibited employees; procedures and controls

5-1203. Prohibited employees; procedures and controls A. The fantasy sports contest operator may not employ an individual and, if already employed, shall terminate an employee who is identified through regulations issued by the department if the individual meets any of the following criteria: 1. Has been convicted of any gaming offense. 2. Has been convicted […]

§ 5-1204 – Financial responsibility

5-1204. Financial responsibility On or before July 1 of each year, a licensed fantasy sports contest operator shall contract with a certified public accountant to perform an independent audit in accordance with generally accepted accounting principles of the financial condition of the licensed fantasy sports contest operator’s total operation for the previous fiscal year and […]

§ 5-1205 – Prohibitions; exception

5-1205. Prohibitions; exception A. A fantasy sports contest operator shall prohibit an individual who is under twenty-one years of age from participating in a fantasy sports contest. B. A licensed fantasy sports contest operator may not do any of the following: 1. Allow the use of a script that provides a fantasy sports contest player […]