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

To obtain a fantasy sports license in Massachusetts, you must comply with the regulations set forth in 940 CMR 34.00 and 205 CMR 234.00. The requirements for obtaining a license vary depending on the type of license you are seeking.

If you are a DFSO that runs both DFS contests and season-long fantasy sports games, you must have run 1,000 or more exempt contests annually for a period of at least two years, and comply with the requirements set forth in 940 CMR 34.13[1.1].

If you are seeking a sports wagering vendor license, you must file a completed application with the Commission, submit all required disclosure forms, and demonstrate your suitability for temporary licensure by certifying that you meet the qualifications for licensure pursuant to 205 CMR 234.05[2.2].

The suitability requirements for a sports wagering vendor license include, but are not limited to, the integrity, honesty, good character, and reputation of the applicant and qualifiers, financial stability, integrity, and background of the applicant and qualifiers, history of compliance with gaming and sports wagering licensing requirements in other jurisdictions, and whether the applicant or any qualifier has been convicted of a crime of moral turpitude[2.1].

Upon completion of the investigation, the Bureau shall either approve or deny the application for a sports wagering vendor license. If the Bureau approves the application, the Division of Licensing shall issue a license to the applicant on behalf of the Commission. If the application is denied, the Bureau shall forward the determination of denial and reasons therefor to the Division of Licensing which shall issue a written decision to the applicant explaining the reasons for the denial[2.3].

For more information on the requirements for obtaining a fantasy sports license in Massachusetts, please refer to the relevant regulations.

Source(s):
Jurisdiction

Massachusetts