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Can I offer contests that involve a single game or event in Iowa? What are the requirements?

Offering Contests in Iowa

Yes, you can offer contests that involve a single game or event in Iowa, subject to certain requirements.

To offer contests in Iowa, the following requirements must be met:

  1. The number and amount of prizes for a drawing or contest shall be determined by the lottery and set forth in the specific drawing rules or contest description. At the lottery’s discretion, a drawing or contest may include a special prize event. The number of prizes, the amount of each prize, the dates and times of the contests or drawings, as well as the procedures for conducting elimination drawings or prize events, shall be determined by the lottery and set forth in the specific drawing rules or contest description [1.1].
  2. Licensees shall submit a description of internal controls to the administrator. The submission shall be made at least 30 days before fantasy sports contest operations are to commence unless otherwise approved by the administrator. All internal controls must be approved by the administrator prior to commencement of contest operations. The service provider shall submit to the administrator any changes to the internal controls previously approved at least 15 days before the changes are to become effective unless otherwise directed by the administrator. It shall be the affirmative responsibility and continuing duty of each licensee and its employees to follow and comply with all internal controls [2.2].
  3. A promoter shall hold a mixed martial arts match, professional boxing match, or wrestling match only if the commissioner of athletics (commissioner) has issued an applicable event license. At least seven days before the event, the promoter shall submit a completed application for a license on the form provided by the commissioner [4.1].
  4. A fantasy sports contest service provider must be licensed by the commission to offer an internet fantasy sports contest under Iowa Code chapter 99E. Any individuals who are required to be occupationally licensed by the commission shall comply with the license requirements of Iowa Code section 99E.5 and rules 491—6.2(99D,99E,99F,252J) to 491—6.13(99D,99F,272D). Occupational licensees are also subject to 491—Chapter 4. The commission shall not grant a license to an applicant if there is substantial evidence that any of the following apply: (1) A license issued to the applicant to conduct internet fantasy sports contests in another jurisdiction has been revoked, or a request for a license to conduct internet fantasy sports contests in another jurisdiction has been denied, by an entity licensing persons to conduct such contests in that jurisdiction. (2) The applicant has not demonstrated financial responsibility sufficient to adequately meet the requirements of the enterprise proposed. (3) The applicant does not adequately disclose the true owners of the enterprise proposed. (4) The applicant has knowingly made a false statement of a material fact to the commission. (5) The applicant has failed to meet a monetary obligation in connection with conducting an internet fantasy sports contest. (6) The applicant is not of good repute and moral character or the applicant has pled guilty to, or has been convicted of, a felony. (7) Any member of the board of directors or governing body of the applicant is not 21 years of age or older [2.1].

Conclusion

Based on the above requirements, it is possible to offer contests that involve a single game or event in Iowa, subject to obtaining the necessary licenses and approvals, and complying with the relevant regulations.

Source(s):
Jurisdiction

Iowa