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Can I obtain a fantasy sports license in Arkansas? What are the requirements?

Obtaining a Fantasy Sports License in Arkansas

To obtain a fantasy sports license in Arkansas, you must be a game operator who is engaged in the business of professionally conducting paid fantasy sports games for cash prizes for members of the general public and requires cash or a cash equivalent as an entry fee to be paid by a member of the general public who participates in a paid fantasy sports game [1.3]. Paid fantasy sports games are authorized through one or more websites or platforms maintained and operated by the game operator [1.2].

Paid fantasy sports games conducted in compliance with this chapter are exempt from § 5-66-101 et seq. [1.4]. Additionally, a game operator must 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 [1.1].

There are no specific requirements mentioned in the context documents for obtaining a fantasy sports license in Arkansas. However, if you are looking to obtain a fantasy sports license in Arkansas, you should contact the Arkansas Racing Commission for more information on the specific requirements and application process.

Please note that the Arkansas Racing Commission requires a Service Industry License for entities that manufacture, sell or lease, distribute, repair or provide EGS maintenance services of EGS equipment to the Franchise Holder’s EGS operations in the State of Arkansas [3.1].

Therefore, to obtain a fantasy sports license in Arkansas, you should contact the Arkansas Racing Commission for more information on the specific requirements and application process.

Source(s):
Jurisdiction

Arkansas