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Can I offer contests that involve college sports in Iowa? What are the requirements?

To offer contests that involve college sports in Iowa, an applicant must comply with the requirements set forth in Iowa Code section 99E.5 and rules 491—6.2(99D,99E,99F,252J) to 491—6.13(99D,99F,272D) [1.1].

According to Iowa Code section 99E.2, internet fantasy sports contests are authorized in Iowa when conducted by a licensed internet fantasy sports contest service provider [2.1].

To become a licensed internet fantasy sports contest service provider, an applicant must meet the licensing standards set forth in 491 IAAC 14.2(1), which include financial stability, business ability and experience, good character and reputation of the applicant as well as all directors, officers, partners, and employees and integrity of financial backers [1.1]. The applicant must also submit fingerprints and information that the commission deems necessary to the commission in the manner prescribed on the application forms [2.2].

The internet fantasy sports contest service provider must also submit internal controls for the operation of the account, a detailed description and certification of systems and procedures used to validate the identity, age and location of licensee account holders and to validate the legality of wagers accepted, certification of secure retention of all records related to internet fantasy sports contests and accounts for a period of not less than three years or such longer period as specified by the commission, certification of prompt commission access to all records relating to account holder identity, age and location in hard-copy or standard electronic format acceptable to the commission, and verification that the player is not on the statewide voluntary self-exclusion list set forth in Iowa Code section 99F.4(22) prior to establishing an account [1.3].

Additionally, the fantasy sports contest service provider must comply with the requirements set forth in 491 IAAC 14.8, which include internal controls, records, reporting, technical and testing requirements, and operating requirements [1.2].

Therefore, to offer contests that involve college sports in Iowa, an applicant must obtain a license to conduct internet fantasy sports contests in Iowa and comply with the requirements set forth in Iowa Code section 99E.5 and rules 491—6.2(99D,99E,99F,252J) to 491—6.13(99D,99F,272D), as well as the licensing standards set forth in 491 IAAC 14.2(1) and the requirements set forth in 491 IAAC 14.8(1) to 491 IAAC 14.8(5) [1.1][2.1][1.2][2.2][1.3].

It is important to note that local boards of education may impose additional eligibility requirements not in conflict with these rules, and nothing herein shall be construed to prevent a local school board from declaring a student ineligible to participate in interscholastic competition by reason of the student’s violation of rules adopted by the school pursuant to Iowa Code sections 279.8 and 279.9 [3.1].

Source(s):
Jurisdiction

Iowa