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

Yes, you can obtain a fantasy sports license in Missouri. The Missouri Gaming Commission issues licenses to fantasy sports contest operators (FSCOs) who wish to offer fantasy sports contests for play in Missouri [1.1]. To obtain a license, you must apply for a Fantasy Sports Contest Operator License using the Fantasy Sports Contest Operator Application form provided by the commission [2.1]. The application form requires you to demonstrate experience, reputation, competence, and financial responsibility consistent with the best interest of the Missouri fantasy sports industry and in compliance with the laws of the state. You must also submit a FSCO Personal Disclosure Form and fingerprint sets for key persons, employees, or other individuals requested by the commission [2.1].

Additionally, you must comply with the operational requirements set forth by the commission [2.3]. These requirements include maintaining a current set of procedures for a registered player to report complaints to the licensed operator regarding whether his or her account has been misallocated, compromised, or otherwise mishandled, and a procedure for the licensed operator to respond to those complaints. You must also take commercially and technologically reasonable measures to comply with the provisions of sections 313.915 and 313.920, RSMo, regarding the verification of each FSC player’s true identity, date of birth, and address, including, but not limited to, independent verification of age using information obtained from independent sources outside of the player seeking to open an account [2.3].

Furthermore, the commission may refuse to license any applicant or revoke or suspend the license of any applicant or licensee if the applicant or licensee, or an employee of the applicant or licensee, has knowingly made a false statement of material fact or has deliberately failed to disclose any information requested, is or has pled guilty or been convicted of any illegal, corrupt, or fraudulent act, practice, or conduct in connection with any fantasy sports contest in this or any other state or has pled guilty or been convicted of a felony, a crime of moral turpitude, or any criminal offense involving dishonesty or breach of trust within the ten years prior to the date of application for registration, has at any time knowingly failed to comply with the provisions of this chapter or of any requirements of the commission, has had a registration or permit to hold or conduct fantasy sports contests denied for just cause, suspended, or revoked in any other state or country, has legally defaulted in the payment of any obligation or debt owed to the state of Missouri, or is not qualified to do business in the state of Missouri or is not subject to the jurisdiction of the courts of the state of Missouri [1.1].

In summary, to obtain a fantasy sports license in Missouri, you need to apply for a Fantasy Sports Contest Operator License using the Fantasy Sports Contest Operator Application form provided by the commission, demonstrate experience, reputation, competence, and financial responsibility, and comply with the operational requirements set forth by the commission. Additionally, you have a continuing duty to disclose any material changes in the information provided in the application forms and requested materials submitted to the commission [2.2].

Source(s):
Jurisdiction

Missouri