Ask Reggi Your Question Now
Can you summarize NHRS Chapter 287-H?
GAMES, AMUSEMENTS, AND ATHLETIC EXHIBITIONS (Chapters 284 - 287-I) > FANTASY SPORTS CONTESTS
Short Summary
This legal document, part of the New Hampshire Revised Statutes, governs fantasy sports contests. It applies to fantasy sports contest operators who offer contests with an entry fee for a cash prize to the general public, as well as to fantasy sports contest players who participate in such contests. The document defines a fantasy sports contest as a game or contest where players compete against each other based on accumulated statistical results of individual performances. It requires all fantasy sports contest operators to be registered with the commission before offering such contests. Operators that offered contests prior to the effective date of this chapter are allowed to continue offering contests with an entry fee if they file an application for registration within 60 days of the application’s availability. The document outlines various requirements and procedures that operators must follow, including preventing employees and their relatives from competing in contests, prohibiting the sharing of confidential information, and ensuring that winning outcomes are not solely based on the performance of a single team or athlete. It also prohibits the offering of fantasy sports contests based on collegiate, high school, or youth athletic events. Operators must contract with a third party for an independent audit to confirm compliance and disclose all prizes and awards offered to participants in advance. Additionally, operators must not target minors or individuals with restrictions, prohibit the use of unfair advantage scripts, and handle consumer funds in a segregated account or through a special purpose corporate entity. The document also requires operators to identify highly experienced players and offer contests exclusively for beginners. Specific penalties for non-compliance are not mentioned.
Whom does it apply to?
Fantasy sports contest operators and fantasy sports contest players
What does it govern?
Fantasy sports contests
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Civil penalty of not more than $1,000 for each violation, not to exceed $5,000 for violations arising out of the same transaction or occurrence
Jurisdiction
New Hampshire