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

To offer contests that involve referral bonuses in New York, the operator must be registered with the New York State Gaming Commission, and the contests must be interactive fantasy sports contests registered and conducted pursuant to the provisions of NYCL PML § 1411 [1.1][1.2][1.3]. Operators must also comply with the commission’s procedures for claiming and payment of prizes, and registrations issued by the commission shall remain in effect for three years [1.3][3.2].

It is important to note that unregistered interactive fantasy sports contests are prohibited [1.2]. Additionally, operators must comply with subscription application requirements, including providing complete applicant identifying information and using acceptable forms of payment [2.1]. Prize funds must be allocated to the New York Lottery prize account for allocation of prize winnings [4.1].

In conclusion, to offer contests that involve referral bonuses in New York, the operator must be registered with the New York State Gaming Commission, and the contests must be interactive fantasy sports contests registered and conducted pursuant to the provisions of NYCL PML § 1411. Operators must also comply with the commission’s procedures for claiming and payment of prizes, and registrations issued by the commission shall remain in effect for three years. Unregistered interactive fantasy sports contests are prohibited, and operators must comply with subscription application requirements and allocate prize funds to the New York Lottery prize account [1.1][1.2][2.1][1.3][4.1][3.2].

Source(s):
Jurisdiction

New York