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

Based on the documents provided, offering contests that involve college sports in New York is not explicitly mentioned. However, it is important to note that contests prohibited by NYCL PML § 1412 are not allowed ^[1.2].

To operate a sports pool, all equipment and software used in conjunction with its operation shall be submitted to a licensed independent gaming test laboratory for review and approval ^[2.1]. The sports pool system shall contain a description of the risk management framework, including, without limitation, user access controls for all sports pool personnel, information in regard to segregation of duties, information in regard to automated risk management procedures, information in regard to fraud detection, controls ensuring regulatory compliance, description of anti-money laundering compliance standards, description of all software applications that comprise the system, description of all types of wagers available to be offered by the system, description of all integrated third-party systems, and description of the method to prevent past posting. A sports pool system shall maintain all transactional betting data for a period of 10 years ^[2.1].

For the privilege of conducting interactive fantasy sports contests in the state, registrants shall pay a tax equivalent to fifteen percent of their interactive fantasy sports gross revenue generated within the state; in addition, registrants shall pay a tax equal to one-half of one percent, but not to exceed fifty thousand dollars annually ^[1.4].

Based on the documents provided, there are no specific requirements mentioned for offering contests that involve college sports in New York.

Source(s):

• [1.2] Contests prohibited
• [2.1] Sports pool system requirements.
• [1.4] State tax

Jurisdiction

New York

• Gaming