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

Yes, you can obtain a fantasy sports license in Michigan. Here are the requirements:

Requirements for Fantasy Contest Operator License

  • Submit an application with the license fee to the board [1.1][3.1]
  • Provide sufficient documentation to ensure that the applicant meets the requirements for licensure as determined by the board [1.1]
  • Pay an initial license fee of $10,000.00 and an annual license renewal fee of $5,000.00 [1.1]
  • Ensure that the fantasy contests are limited to no more than 15 total fantasy contest players and collect no more than $10,000.00 in total entry fees for all fantasy contests offered in a calendar year [1.1]
  • Award at least 95% of the entry fees to the fantasy contest players [1.1]
  • Not offer fantasy contests on a kiosk or machine physically located in a retail business location, bar, restaurant, or other commercial establishment, a place of public accommodation, or a facility owned, operated, or occupied by a private club, association, or similar membership-based organization [1.2]

Additionally, there are two other types of licenses that may be relevant to your situation:

Provisional License for Sports Betting Suppliers

If you are a sports betting supplier, you may be eligible for a provisional license that allows you to conduct business transactions with and provide goods and services to sports betting operators. To obtain a provisional license, you must submit a completed application, an application fee, and all required disclosure forms and other required written documentation and materials. You must also pass a preliminary review of your application and a criminal history check, and show good cause for being granted a provisional license. [2.1]

Occupational Licensing

If your duties directly impact the integrity of internet sports betting, you may need an occupational license. This includes individuals who have the capability to directly affect the outcome of an internet sports betting wager or affect a payout to an authorized participant. To obtain an occupational license, you must complete an application, pay the required fee, and submit a written statement from a sports betting operator or sports betting supplier indicating that it has employed or will employ you if you are licensed. You must also pass a preliminary review of your application and criminal history check, and establish your suitability as to character, reputation, integrity, and responsibility. [2.2]

Note that the information provided is subject to change and you should consult the relevant documents for the most up-to-date information.

Source(s):
Jurisdiction

Michigan