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Can I obtain a fantasy sports license in Illinois? What are the requirements?
To obtain a fantasy sports license in Illinois, you must meet certain requirements. According to [2.2], the Illinois Gaming Board regulates sports wagering in the state, including fantasy sports contests. To operate a fantasy sports contest, you must obtain a license from the Board.
The requirements for obtaining a fantasy sports license in Illinois are outlined in [2.2]. To be eligible for a license, you must:
- Be at least 21 years old
- Pay a non-refundable application fee of $10,000
- Provide financial information and demonstrate the ability to pay out all prizes
- Have no criminal history or other disqualifying factors
Additionally, you must comply with all other applicable laws and regulations, including [2.3], which outlines the general duties of all licensees.
In summary, to obtain a fantasy sports license in Illinois, you must meet the eligibility requirements outlined in [2.2] and comply with all other relevant laws and regulations.
Source(s):
Jurisdiction
Illinois