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GA SB352
Bill
Status
Introduced
2/9/2016
Primary Sponsor
Renee Unterman
Click for details
AI Summary
- Fantasy contests are explicitly excluded from Georgia's definitions of "bet," "gambling device," and "lottery," and exempted from criminal statutes on gambling and commercial gambling
- Fantasy contest operators with more than 2,000 registered users in Georgia must register with the Attorney General, paying an initial fee of $50,000 and an annual renewal fee of $10,000, with collected fees intended for the Lottery for Education Account
- Operators must implement consumer protections including age verification (18+), segregation of player funds from operational funds, self-exclusion options, and restrictions preventing employees, their household relatives, and sporting event participants from entering public contests
- Operators are required to contract with a third party for an annual independent compliance audit and submit results to the Attorney General, who is authorized to promulgate rules and regulations under the Georgia Administrative Procedure Act
- Violations carry a civil penalty of up to $1,000 per violation recoverable by the Attorney General, and operating without a valid registration constitutes a misdemeanor; violations are explicitly excluded from liability under the Fair Business Practices Act of 1975
Legislative Description
Selling and Other Trade Practices; provide consumer protection requirements for fantasy contest operators
Last Action
Senate Read Second Time
2/24/2016
Full Bill Text
No bill text available