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Can I offer contests that involve a single game or event in Maine? What are the requirements?
Yes, you can offer contests that involve a single game or event in Maine, but you must first obtain a license from the director of the Gambling Control Unit [1.1][2.1]. To obtain a license, you must submit an application that includes information such as your name, primary business location, and contact information, as well as the type and estimated number of fantasy contests to be conducted during the term of the license [1.1]. Additionally, you must pay an application fee, which is limited to the projected cost of processing the application and performing any background investigations [1.1].
Once licensed, you must comply with certain requirements, such as disclosing the number of entries that a fantasy contestant may submit to each fantasy contest and providing reasonable steps to prevent fantasy contestants from submitting more than the allowable number [1.2]. You must also prohibit fantasy contestants from submitting more than one entry in any fantasy contest involving 12 entries or fewer, prohibit fantasy contestants from submitting more than 2 entries in any fantasy contest involving more than 12 entries but fewer than 36 entries, and prohibit fantasy contestants from submitting more than 3 entries in any fantasy contest involving 36 or more entries but fewer than 101 entries [1.2].
Furthermore, you must inform fantasy contestants of state and federal tax obligations on certain winnings [1.2]. You must also collect for deposit to the General Fund 10% of gross fantasy contest revenues, including any revenues earned while operating pending approval of an application submitted to the director as described in section 1103, subsection 9, from a fantasy contest operator licensed under this chapter that has gross fantasy contest revenues of $100,000 or greater [1.2].
It is important to note that the licensing requirements and fees may differ for facility sports wagering licenses [3.1]. Therefore, to offer contests that involve a single game or event in Maine, you must obtain a license from the director of the Gambling Control Unit and comply with the licensing requirements and fees.
Source(s):
- [1.1] License to conduct fantasy contests
- [1.2] Operation of fantasy contests; allocation of funds
- [2.1] Introduction
- [3.1] Facility sports wagering license
Jurisdiction
Maine