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Can you summarize AZRS 5-1203?
Prohibited employees; procedures and controls
Short Summary
This legal document governs the employment of individuals by fantasy sports contest operators and the procedures and controls they must adhere to. It applies specifically to fantasy sports contest operators. The document prohibits the employment of individuals who meet certain criteria, such as having been convicted of gaming offenses or certain felonies. It also requires fantasy sports contest operators to establish procedures and internal controls to prevent certain activities, such as employees sharing protected information with third parties or participants and officials in an athletic event participating in a fantasy sports contest based on the event. The document also outlines requirements for the identification of highly experienced players, segregation of deposits in players’ accounts, compliance with privacy and online security requirements, and ensuring the integrity of fantasy sports contests. Fantasy sports contest operators must comply with the procedures and internal controls approved by the department. Technical adjustments can be made with notification to the department, as long as the standards required by this chapter and any rules adopted by the department are met or exceeded. The procedures submitted to the department are confidential and privileged and not subject to disclosure.
Whom does it apply to?
Fantasy sports contest operators
What does it govern?
Prohibited employees; procedures and controls
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Arizona