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

Obtaining a Fantasy Sports License in Connecticut

To obtain a fantasy sports license in Connecticut, you must apply for a sports wagering retailer license [1.1]. The Connecticut Lottery Corporation may operate fantasy contests, pursuant to the provisions of sections 12-855 to 12-865, inclusive, and section 12-868, as applicable [1.4]. Prior to the corporation contracting with any person or entity to act as a sports wagering retailer, the person or entity shall obtain a sports wagering retailer license pursuant to section 12-856 [1.3].

An applicant for a sports wagering retailer license shall apply on a form and in a manner prescribed by the commissioner that includes, but is not limited to, submitting the following [2.1]:

  • Personal identification information
  • Business identification information
  • Criminal history record information
  • Financial information
  • Tax information
  • Other information as required by the commissioner

The initial application fee for a sports wagering retailer license shall be twenty thousand dollars and the annual renewal fee shall be twenty thousand dollars [1.1].

If you are an applicant with comparable credentials in another state that has substantially similar license requirements, you may apply for reciprocal licensing based on the applicant’s status as a licensee in good standing in such other state [2.1].

Requirements for Fantasy Contests

An individual may only participate in a fantasy contest outside of the reservations of the Mashantucket Pequot Tribe and the Mohegan Tribe of Indians of Connecticut if the contest is authorized pursuant to section 12-852 or 12-853, and the individual has attained the age of eighteen [1.2].

Conclusion

To obtain a fantasy sports license in Connecticut, you must apply for a sports wagering retailer license. The application fee for a sports wagering retailer license is twenty thousand dollars, and the annual renewal fee is also twenty thousand dollars. If you are an applicant with comparable credentials in another state that has substantially similar license requirements, you may apply for reciprocal licensing based on the applicant’s status as a licensee in good standing in such other state. An individual may only participate in a fantasy contest outside of the reservations of the Mashantucket Pequot Tribe and the Mohegan Tribe of Indians of Connecticut if the contest is authorized pursuant to section 12-852 or 12-853, and the individual has attained the age of eighteen [1.1][1.2][1.3][2.1][1.4].

Source(s):
Jurisdiction

Connecticut