AR HB2250

Establishes that paid fantasy sports games conducted in compliance with this chapter do not constitute gambling and are exempt from Arkansas gambling laws (§ 5-66-101 et seq.)

Defines "paid fantasy sports game" as contests where prizes are predetermined, outcomes are determined predominantly by accumulated statistical performance of individual athletes in actual sporting events, and excludes college/high school sports, horse racing, and greyhound racing

Requires game operators to pay an 8% tax on gross paid fantasy sports game revenues from the previous state fiscal year, reported and remitted quarterly to the Department of Finance and Administration

Authorizes game operators to conduct paid fantasy sports games through websites or platforms they maintain and operate

Adds paid fantasy sports games tax as a new revenue source (subdivision 73) to Arkansas's general revenues enumeration