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ME LD33
Bill
AI Summary
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Increases the minimum number of fantasy contestants required per game or contest from one to two, excluding the fantasy contest operator from participating
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Removes the $100,000 gross revenue threshold for the 10% tax on fantasy contest operators, making all licensed operators subject to the fee regardless of revenue size
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Requires the 10% allocation to the General Fund to include revenues earned while an operator is pending license approval
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Signed into law by the Governor on May 23, 2025 as Public Law Chapter 95
Legislative Description
An Act to Amend the Laws Governing Fantasy Contests
Gambling
Last Action
PASSED TO BE ENACTED, in concurrence.
5/21/2025
Committee Referrals
Veterans And Legal Affairs1/8/2025
Full Bill Text
No bill text available