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Can I offer contests that involve VIP programs in Connecticut? What are the requirements?
Offering Contests with VIP Programs in Connecticut
Based on the context documents, it appears that Connecticut law does not specifically mention contests that involve VIP programs. However, if you are planning to offer contests in Connecticut, you must ensure that they are authorized pursuant to section 12-852 or 12-853 and comply with the requirements outlined in section 12 CTGS 863.
In particular, any electronic wagering platform used to conduct fantasy contests must be developed to verify that the individual has attained the age of eighteen and provide a mechanism to prevent the unauthorized use of a wagering account. Additionally, the platform must allow a person to limit the amount of money that may be deposited into an account and spent per day through an account. The platform must also establish a voluntary self-exclusion process to allow a person to exclude themselves from establishing an account, exclude themselves from placing wagers through an account, or limit the amount such person may spend using such an account.
If you are planning to operate retail sports wagering, you must obtain a master wagering license from the Connecticut Lottery Corporation under section 12-853. If you are planning to operate online sports wagering, you must obtain a skin for online sports wagering outside the reservation of either tribe under section 12-853. You must also obtain a sports wagering retailer license under section 12 CTGS 856 if you plan to provide services to the Connecticut Lottery Corporation.
If you are planning to operate fantasy contests, you must obtain a master wagering license under section 12-852 or 12-853. You must also pay to the state for deposit in the General Fund thirteen and three-quarters per cent of the gross receipts from fantasy contests under section 12 CTGS 868.
It is recommended that you consult with a legal professional for further guidance on the specific requirements for offering contests with VIP programs in Connecticut.
Source(s):
- [1.1] Requirements for conducting sports wagering, online casino gaming, and fantasy contests. Electronic wagering platform requirements. Independent review of operations. Advertising restrictions.
- [1.2] Master wagering license for Connecticut Lottery Corporation.
- [1.3] Connecticut Lottery Corporation operation of retail sports wagering facilities.
- [1.4] Sports wagering retailer license.
- [1.5] Payments to the state based on gross receipts from fantasy contests.
Jurisdiction
Connecticut