SB 325 Summary

• Establishes the Fantasy Contests Act to regulate fantasy sports contests in Alabama and exempt them from state gambling prohibitions.

• Requires fantasy contest operators to register with the Office of the Attorney General, with initial registration fees of $5,000 (operators with fewer than 5,000 active players) or $85,000 (operators with 5,000 or more active players), plus annual renewal fees.

• Mandates operators implement consumer protection procedures including age verification (19+), prevention of employee participation, segregation of player funds with adequate reserves, annual independent audits, and prohibition on contests involving collegiate, high school, or youth athletic events.

• Prohibits operators from offering contests based solely on single team or individual athlete performance, requiring multi-player statistical accumulation for winning outcomes.

• Defines violations as deceptive trade practices enforceable under Alabama law; becomes effective immediately upon passage and approval.