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Can you summarize AZRS 5-1202?
Fantasy sports contests; exceptions; rules; licensure
Short Summary
This section of the Arizona Revised Statutes governs the offering of fantasy sports contests in the state. It states that a person must be licensed by the department as a fantasy sports contest operator to offer such contests, unless otherwise provided in this section. However, an individual may offer fantasy sports contests if certain conditions are met, including limiting the contests to not more than fifteen players and collecting not more than $10,000 in total entry fees per calendar year. Indian tribes conducting class III gaming under a tribal-state gaming compact within their Indian lands are exempt from the licensure requirement, provided they comply with any regulations in the compact regarding fantasy sports contests. The department has jurisdiction over all persons involved in conducting a fantasy sports contest and may adopt rules and penalties for violations. The licensure process requires applicants to submit a completed application, along with required information, fees, and fingerprints for a criminal records check. The department may also require licensure of holding companies or other connected persons to preserve the integrity of fantasy sports contests. Licenses are valid for two years and can be renewed biennially. The department determines the initial license fee, renewal fee, and may assess investigative costs. The department conducts background investigations to determine eligibility for licensure and may issue a license or deny the application with a statement of grounds for denial.
Whom does it apply to?
Persons offering fantasy sports contests in the state of Arizona
What does it govern?
Fantasy sports contests
What are exemptions?
Indian tribes conducting class III gaming within their Indian lands under a tribal-state gaming compact
What are the Penalties?
Penalties for violating this chapter or any rules adopted under this chapter may be prescribed by the department
Jurisdiction
Arizona