Bills · 2015-2016 Regular Session
Relating to: fantasy games and providing a penalty. (FE)
Athletics Financial institutions, department of Gambling
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill requires fantasy game operators to register with the Department of
Financial Institutions and imposes certain requirements on fantasy game operators.
"Fantasy game" is defined in the bill as being a fantasy or simulation sports game
or educational game or contest in which all winning outcomes reflect the relative
knowledge and skill of fantasy game participants and are determined predominantly
by accumulated statistical results of the performance of individuals, including
athletes in the case of sporting events; in which a winning outcome is not based on
the score, point spread, or performance of a single team or combination of teams or
on any single performance of an individual athlete or player in a single event; and
in which the value of all prizes and awards offered to fantasy game participants with
winning outcomes is established and made known to the fantasy game participants
in advance of the fantasy game. The bill specifies that a fantasy game is not betting
or a lottery. Under current law, making a bet; receiving, recording, or forwarding a
bet or offer to bet for gain; conducting a lottery; or engaging in other gambling
activities is illegal.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Feb 3, 2016 · Senate
Introduced by Senators Roth, Darling and Gudex; cosponsored by Representatives Vorpagel, Brostoff, Loudenbeck, A. Ott, Duchow, Krug and Tauchen
- Feb 3, 2016 · Senate
Read first time and referred to Committee on Judiciary and Public Safety
- Feb 10, 2016 · Senate
Fiscal estimate received
- Apr 13, 2016 · Senate
Failed to pass pursuant to Senate Joint Resolution 1