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Can I offer contests that involve college sports in Vermont? What are the requirements?
Based on the information provided in the context documents, it is not allowed to offer contests that involve college sports in Vermont [1.5]. However, fantasy sports contests are allowed in Vermont, and any person that offers to members of the public the opportunity to participate in a fantasy sports contest for consideration must file an annual registration with the Secretary of State on a form adopted for that purpose and pay to the Secretary an annual registration fee in the amount of $5,000.00 [1.1]. Additionally, a fantasy sports operator must disclose the value of any cash prizes or awards in advance of the contest, and the outcome of the contest must not be determined by the score, the point spread, the performance of one or more teams, or the performance of an individual athlete in a single real-world sporting event [1.4].
Source(s):
- [1.1] Registration
- [1.4] Definitions
- [1.5] Consumer protection
Jurisdiction
Vermont