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Can I offer contests that involve referral bonuses in Maine? What are the requirements?

Offering Contests with Referral Bonuses in Maine

To offer contests that involve referral bonuses in Maine, you must first obtain a license from the director of the Gambling Control Unit [1.1]. The application must include specific information, and a fee will be charged. Additionally, annual fees are required for licensed fantasy contest operators with gross revenues of $100,000 or greater [1.2].

Requirements for Obtaining a License

To obtain a license, you must submit an application to the director that includes the following information [1.1]:

  • The name, primary business location, and contact information of the applicant
  • Disclosure of ownership interests in the applicant
  • Consent to permit the director to conduct a criminal background check
  • The applicant’s interest, if any, in other fantasy contest operators licensed in the State or another jurisdiction
  • Gross fantasy contest revenues in the State, and any other jurisdiction as determined by the director, for the period of 12 months preceding the application
  • The type and estimated number of fantasy contests to be conducted during the term of the license and during any period of operation authorized under subsection 9
  • The methods by which the fantasy contest operator will determine and verify the geographic location of a fantasy contestant using the operator’s platform
  • The methods by which the fantasy contest operator will protect a fantasy contestant’s personal and private information
  • Any additional information required by the director or as determined by rule to ensure that the applicant meets licensing criteria.

Submission of a signed application is consent of the applicant to be subject to the laws and rules prescribed by this chapter for the operation of fantasy contests [1.1]. The director may charge a one-time application fee limited to the projected cost of processing the application and performing any background investigations [1.1].

Conclusion

To offer contests that involve referral bonuses in Maine, you must first obtain a license from the director of the Gambling Control Unit. The application must include specific information, and a fee will be charged. Additionally, annual fees are required for licensed fantasy contest operators with gross revenues of $100,000 or greater.

Source(s):
Jurisdiction

Maine