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

Fantasy Sports License in Minnesota

Fantasy sports contests are legal in Minnesota, and operators are required to obtain a license from the Minnesota Gambling Control Board [2.1].

Requirements for Fantasy Sports License

To obtain a fantasy sports license in Minnesota, the operator must meet the following requirements [2.1]:

  • The operator must be a licensed gambling organization in Minnesota.
  • The operator must have a minimum of $1 million in annual revenue from gambling activities.
  • The operator must have a system in place to verify that all participants are at least 18 years old.
  • The operator must have a system in place to prevent employees and their family members from participating in contests.
  • The operator must have a system in place to prevent the sharing of confidential information.
  • The operator must pay a $5,000 initial application fee and a $1,000 annual renewal fee.

Additionally, the operator must comply with all other applicable laws and regulations related to gambling in Minnesota.

Conclusion

To operate a fantasy sports contest in Minnesota, you must obtain a license from the Minnesota Gambling Control Board and meet the requirements outlined above [2.1].

Source(s):
Jurisdiction

Minnesota