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Can you summarize 47 TNCO Chapter 18, Part 16?
Consumer Protection > Fantasy Sports Act
Short Summary
The Fantasy Sports Act in Tennessee governs fantasy sports contests conducted by fantasy sports operators through online platforms. It defines various terms and establishes that a fantasy sports contest involves players paying an entry fee to assemble imaginary teams of athletes, with the winning outcome determined by the statistical results of the athletes’ performance in real competitions. The act excludes certain types of contests from the definition of fantasy sports contests. It also defines the roles and responsibilities of fantasy sports operators, players, and fantasy sports operator contractors. The act aims to regulate and provide consumer protection in the fantasy sports industry in Tennessee.
Whom does it apply to?
The act applies to fantasy sports operators, players, and fantasy sports operator contractors in Tennessee.
What does it govern?
The Fantasy Sports Act governs fantasy sports contests conducted by fantasy sports operators through online platforms.
What are exemptions?
The act excludes certain types of contests from the definition of fantasy sports contests.
What are the Penalties?
The act does not specify any penalties for non-compliance or violations.
Jurisdiction
Tennessee