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

Yes, you can obtain a fantasy sports license in Indiana. The Indiana Gaming Commission requires game operators to hold a license to offer paid fantasy sports games to Indiana residents ^[2.3]. Here are the requirements to obtain a game operator license:

• Be authorized to transact business in Indiana under IC 23 [IC 4-33-24-15(a)(1)].
• Pay an initial fee of at least $50,000 to the division for the privilege of conducting paid fantasy sports games under this chapter. The division may increase the initial fee up to $75,000 to pay for all of the direct and indirect costs of the operation of the division [IC 4-33-24-15(b)].
• Pay an annual fee of $5,000 to the division on the anniversary date of the payment made under subsection (b) to renew the privilege of conducting paid fantasy sports games under this chapter [IC 4-33-24-15(c)].
• Submit a complete application, including the application fee described in IC 4-33-24 and all required attachments. The commission shall begin investigating the applicant. The commission may issue a temporary game operator license in accordance with this rule. Upon completing its investigation of the applicant, the commission shall grant or deny the application. If the commission grants the application, it shall issue a permanent game operator license [68 INAC 26-3-3].

Additionally, any unlicensed game operator offering paid fantasy sports games to Indiana residents must submit an application for licensure to the commission pursuant to IC 4-33-24 and the relevant rules [68 INAC 26-3-5(a)].

Please note that the licensing process may involve different or additional procedures to ensure compliance with IC 4-33 and the relevant rules [68 INAC 26-3-3(6)].

Source(s):

• [2.3] Game operator license required

Jurisdiction

Indiana

• Gaming