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Can I offer contests that involve entry fees in New York? What are the requirements?
Yes, you can offer contests that involve entry fees in New York, and the requirements depend on the type of contest.
For interactive fantasy sports contests, you must register with the New York State Gaming Commission [1.2]. The registration process requires that each platform and each type of contest be reviewed and approved by the commission [1.3]. Additionally, you must implement certain measures as a condition of registration, such as limiting each authorized player to one active and continuously used account, prohibiting minors from participating in any contest, and enabling authorized players to exclude themselves from contests [1.4].
You must also disclose the number of entries a single authorized player may submit to each contest and the maximum number of total entries allowed for each contest [1.4]. Furthermore, you must ensure that the value of any prizes and awards offered to authorized players shall be established and made known to such players in advance of the contest, and such value shall not be determined by the number of authorized players or the amount of any entry fees paid by such players [1.4].
Finally, you must ensure that all winning outcomes reflect the relative knowledge and skill of the authorized players and shall be determined predominantly by accumulated statistical results of the performance of individuals in sports events [1.4].
For other types of contests, such as those conducted at the New York State Fair, you may need to obtain a solicitor’s license from the Director of the Division of the State Fair [2.2].
Failure to comply with these requirements may result in penalties and fines [1.3].
Therefore, to offer contests that involve entry fees in New York, you must register with the New York State Gaming Commission and comply with the requirements set forth in the law for your specific type of contest.
Source(s):
- [1.2] Contests authorized
- [1.3] Registration
- [1.4] Required safeguards, minimum standards
- [2.2] Denial or revocation of solicitor’s license.
Jurisdiction
New York