4-33-24-11. Paid Fantasy Sports Division Established
Sec. 11. (a) The paid fantasy sports division is established within the commission. (b) The division shall maintain the integrity of the paid fantasy sports division. Game operators, game operator applicants, and licensees must encourage confidence in the commission and the division by maintaining high standards of honesty, integrity, and impartiality. As added by P.L.212-2016, […]
4-33-23-13. Economic Development Payments; Deposits
Sec. 13. (a) Any recipient of an economic development payment must deposit the economic development payment into a separate and segregated bank account not later than five (5) days after its receipt. (b) The bank account referenced in subsection (a): (1) must allow expenditures only in accordance with the terms of the development agreement; (2) […]
4-33-24-12. Powers and Duties; Adoption of Rules
Sec. 12. (a) Except as provided in subsection (c), the division has the following powers and duties for purposes of administering, regulating, and enforcing the system of paid fantasy sports under this chapter: (1) All powers and duties in this chapter. (2) All powers necessary and proper to fully and effectively execute this chapter. (3) […]
4-33-23-14. Development Agreement Modifications
Sec. 14. (a) If all parties to a development agreement agree to modify the development agreement, the parties shall: (1) submit to the commission a written request for modification, which shall be signed by all parties; (2) submit a copy of the development agreement as it would appear after modification; and (3) submit a document […]
4-33-24-13. Adoption of Rules
Sec. 13. (a) The division shall adopt rules under IC 4-22-2, including emergency rules under IC 4-22-2-37.1, to implement this chapter, including rules for the following purposes: (1) Administering this chapter. (2) Providing for the prevention of practices detrimental to the public interest and providing for the best interests of paid fantasy sports. (3) Establishing […]
4-33-23-15. Modifications Following Commission Disapproval of an Economic Development Agreement
Sec. 15. (a) If the commission has disapproved all or part of a development agreement, the development provider shall request a modification of the development agreement. (b) The development provider shall submit to the commission: (1) a copy of the development agreement as it would appear after modification; and (2) a listing of all proposed […]
4-33-24-14. Game Operators; Licensee Contracts
Sec. 14. A game operator may: (1) conduct one (1) or more paid fantasy sports games through an Internet web site maintained and operated by the game operator; or (2) contract with a licensee to conduct one (1) or more paid fantasy sports games on the premises of a licensed facility. As added by P.L.212-2016, […]
4-33-23-16. Filings Made Available to the Attorney General Upon Request
Sec. 16. Upon request of the attorney general, the commission shall make available to the attorney general all filings made under this chapter regarding a development agreement. As added by P.L.82-2011, SEC.1.
4-33-23-17. Political Subdivision Reporting to the Department of Local Government Finance
Sec. 17. (a) Any political subdivision receiving an economic development payment shall annually report the following information to the department of local government finance: (1) The total amount of economic development payments received in the previous state fiscal year. (2) The balance of the fund in which the political subdivision deposited the economic development payments […]
4-33-24-1. Paid Fantasy Sports Game Is Not Gambling
Sec. 1. A paid fantasy sports game conducted under this chapter does not constitute gambling for any purpose, including under IC 35-45-5. As added by P.L.212-2016, SEC.2.