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Can I offer contests that involve VIP programs in Mississippi? What are the requirements?
Based on the provided context documents, there are no specific regulations or requirements mentioned regarding offering contests that involve VIP programs in Mississippi. However, fantasy contest operators offering contests with an entry fee in Mississippi must comply with audit procedures adopted by the Commission to ensure compliance with the Fantasy Contact Act and its regulations [1.7]. Additionally, operators must maintain a cash reserve and segregated account requirements to protect player funds [1.1]. Operators must also collect player information necessary to verify a player’s age, verify that the player is not excluded, and determine whether the player is located in Mississippi [1.4].
Therefore, while there are no specific regulations regarding VIP programs, operators must comply with the general regulations and requirements for fantasy contest operators in Mississippi.
Source(s):
- [1.1] Cash Reserve and Segregated Account Requirements.
- [1.4] Player Registration.
- [1.7] Procedures.
Jurisdiction
Mississippi