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Can I offer contests that involve esports in Kentucky? What are the requirements?
Esports Contests in Kentucky
Kentucky law does not specifically address esports contests. However, contests that involve skill and chance are generally legal in Kentucky as long as they comply with certain requirements.
To offer an esports contest in Kentucky, you may need to obtain a license from the Kentucky Department of Charitable Gaming [4]. The Department of Charitable Gaming is responsible for regulating all forms of charitable gaming in Kentucky, including contests that involve skill and chance.
To obtain a license, you will need to submit an application to the Department of Charitable Gaming and pay a fee [4]. The application will require you to provide information about the contest, including the rules, prizes, and entry fees.
In addition to obtaining a license, you will need to comply with other requirements, such as providing documentation verifying that the minimum investment requirements have been met [5]. You may also need to comply with tax laws and regulations [3].
It is important to note that offering an esports contest without complying with the applicable laws and regulations can result in penalties and fines. Therefore, it is recommended that you consult with an attorney or other legal professional to ensure that your contest complies with all applicable laws and regulations.
Conclusion
To offer an esports contest in Kentucky, you may need to obtain a license from the Kentucky Department of Charitable Gaming and comply with other requirements, such as providing documentation verifying that the minimum investment requirements have been met and complying with tax laws and regulations. It is recommended that you consult with an attorney or other legal professional to ensure that your contest complies with all applicable laws and regulations.
Source(s):
Jurisdiction
Kentucky