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MN SF3007

Bill

Status

Introduced

3/21/2016

Primary Sponsor

Sandra Pappas

Click for details

Origin

Senate

89th Legislature 2015-2016

AI Summary

  • Authorizes fantasy sports games in Minnesota for operators registered with the commissioner of public safety, classifying them as skill-based contests exempt from gambling prohibitions.

  • Requires game operators to implement 16 specific consumer protection procedures including age verification (18+), employee participation restrictions, disclosure of gaming information safeguards, and player fund segregation.

  • Mandates annual independent audits by third parties using Public Company Accounting Oversight Board standards, with results submitted to the commissioner of public safety by March 15 each year.

  • Exempts fantasy game participation from existing gambling debt and money recovery statutes, allowing players to participate without legal consequences related to traditional gambling laws.

  • Defines "fantasy game" as contests where outcomes are determined predominantly by accumulated statistical performance of individuals, excluding single-team or single-player outcomes and games involving secondary or postsecondary educational athletes.

Legislative Description

Fantasy sports game requirements and authorization

Last Action

HF substituted in committee HF2540

5/6/2016

Committee Referrals

Finance4/11/2016
Judiciary4/6/2016
State and Local Government3/21/2016

Full Bill Text

No bill text available