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Can I offer contests that involve mobile apps in Missouri? What are the requirements?
To offer contests that involve mobile apps in Missouri, you need to obtain a Fantasy Sports Contest Operator (FSCO) license from the Missouri Gaming Commission [1.1]. The FSCO license allows a person, entity, or division of a corporate entity to offer fantasy sports contests (FSCs) for play by persons located in Missouri in accordance with the Missouri Fantasy Sports Consumer Protection Act [1.1].
To apply for an FSCO license, you need to complete the Fantasy Sports Contest Operator Application and submit it to the Missouri Gaming Commission [1.1]. You also need to ensure that the FSCO Personal Disclosure Form is completed by those key persons, employees, or other individuals requested by the commission [1.1].
Additionally, you need to submit a written description of your procedures and all supporting documents designed to satisfy the requirements of Chapter 313, RSMo to the commission with the initial application [1.5]. The commission shall review each submission required by Chapter 313, RSMo, and shall determine whether the procedures submitted satisfy the requirements [1.5].
Once approved, no licensed operator shall alter its procedures unless and until the change is approved by the commission [1.5]. Each licensed operator shall submit to the commission any change to the approved procedures no less than fifteen (15) days prior to the planned implementation date of the change [1.5].
Licensed operators shall provide all information requested by the commission. Access to this information shall be immediate and copies of the information shall be delivered within seven (7) days, or less if the commission so orders [1.4]. All licensed operators of and applicants for FSCO licenses issued by the commission shall have a continuing duty to disclose in writing any material change in the information provided in the application forms and requested materials submitted to the commission [1.4].
In addition to the above requirements, licensed operators shall comply with the operational requirements for fantasy sports contest operators (FSCOs) as outlined in MOCS 11 CSR 45-40.050 [1.3]. This includes maintaining a properly constituted special purpose entity approved by the commission to segregate player funds from operational funds as required by section 313.915, RSMo [1.2]. Licensed operators shall also take commercially and technologically reasonable measures to comply with the provisions of sections 313.915 and 313.920, RSMo, regarding the verification of each FSC player’s true identity, date of birth, and address [1.3].
Therefore, to offer contests that involve mobile apps in Missouri, you need to obtain an FSCO license, complete the Fantasy Sports Contest Operator Application, ensure that the FSCO Personal Disclosure Form is completed, and submit a written description of your procedures and all supporting documents designed to satisfy the requirements of Chapter 313, RSMo to the commission with the initial application. Additionally, you need to provide all information requested by the commission, have a continuing duty to disclose in writing any material change in the information provided in the application forms and requested materials submitted to the commission, and obtain approval from the commission before altering your procedures. You also need to comply with the operational requirements for FSCOs as outlined in MOCS 11 CSR 45-40.050, including maintaining a properly constituted special purpose entity approved by the commission to segregate player funds from operational funds as required by section 313.915, RSMo, and taking commercially and technologically reasonable measures to comply with the provisions of sections 313.915 and 313.920, RSMo, regarding the verification of each FSC player’s true identity, date of birth, and address. [1.1][1.2][1.3][1.4][1.5].
Source(s):
- [1.1] Application for Fantasy Sports Contest Operator License
- [1.2] Segregated Account Requirements
- [1.3] Operational Require- ments for Fantasy Sports Contest Opera- tors
- [1.4] Fantasy Sports Contest Operator Responsibilities
- [1.5] Commission Approval of Procedures
Jurisdiction
Missouri