§ 47-18-1601. Short Title
This part shall be known and may be cited as the “Fantasy Sports Act”.
§ 47-18-1602. Part Definitions
For purposes of this part: “Athlete” means an individual whom a player selects for the player’s imaginary teams for purposes of playing a fantasy sports contest; “Auto draft” means athlete selection offered by a fantasy sports operator that does not involve any input or control by a player; “Beginning player” means any player who has […]
§ 47-18-1603. Licensure of Fantasy Sports Operator — Application — Records of Player Accounts
It shall be a violation of § 39-17-503 for any person to offer fantasy sports contests through an online digital platform that enables Tennessee consumers to participate in such contests without that person being licensed as a fantasy sports operator by the secretary of state. Any person seeking to be a licensed fantasy sports operator […]
§ 47-18-1604. Duties of Secretary of State
The secretary of state shall carry out the duties assigned pursuant to this part, including the following: Oversee the licensure of fantasy sports operators that seek to operate in this state; Require that all licensed fantasy sports operators contract annually with a third party to perform an independent audit, consistent with the attestation standards established […]
§ 47-18-1605. Requirements for Fantasy Sports Operators
In addition to the requirements of licensure set out in § 47-18-1603, fantasy sports operators shall comply with the following requirements: Fantasy sports operators shall not directly or indirectly operate or promote to Tennessee consumers any fantasy sports contest without a valid license obtained pursuant to this part; Fantasy sports operators shall not operate or […]
§ 47-18-1606. Violations — Investigative and Enforcement Authority — Costs
A violation of § 47-18-1605 constitutes a violation of the Tennessee Consumer Protection Act of 1977, compiled in part 1 of this chapter. Any violation of § 47-18-1605 shall constitute an unfair or deceptive act or practice affecting trade or commerce and be subject to the penalties and remedies as provided in the Tennessee Consumer […]
§ 47-18-1607. Fantasy Sports Fund
There is created a fund to be known as the “fantasy sports fund”. All fees and penalties collected pursuant to this part and ten percent (10%) of the tax levied pursuant to the Fantasy Sports Tax Act, compiled in title 67, chapter 4, part 9, shall be deposited in the fantasy sports fund. Money in […]
§ 47-18-1608. Suspension, Refusal to Renew, or Revocation of License And/or Fine for Violations — Ineligibility to Apply for License
The Uniform Administrative Procedures Act, compiled in title 4, chapter 5, shall govern all matters and procedures regarding the hearing and judicial review of any contested case arising under §§ 47-18-1603, 47-18-1604, and 47-18-1608. Any person may present charges to the secretary of state in writing against any licensee whose conduct allegedly violates this part. […]
§ 47-18-1609. Cumulative and Supplemental Powers and Remedies
The powers and remedies provided in this part shall be cumulative and supplementary to all powers and remedies otherwise provided by law.
§ 47-18-1610. Inapplicable Provisions
Nothing contained in title 39, chapter 17, part 5 or 6 shall be applicable to a fantasy sports contest conducted in accordance with this part.
§ 47-18-1611. Continued Operation as Fantasy Sports Operator Without License — Violation
Notwithstanding Chapter 978 of the Public Acts of 2016 to the contrary, the secretary of state and other state and local entities shall allow fantasy sports operators that are operating in this state as of April 27, 2016, to continue to legally operate until the later of: A fantasy sports operator obtaining a fantasy sports […]
§ 47-18-1612. Promulgation of Rules — Carrying Out Provisions
The secretary of state is authorized to promulgate rules, as the secretary of state may deem necessary, to effectuate the purposes of this part. All such rules shall be promulgated in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5. The secretary of state is authorized to carry out this part […]