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MN SF3007
Bill
Status
3/21/2016
Primary Sponsor
Sandra Pappas
Click for details
AI Summary
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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.
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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.
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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.
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Exempts fantasy game participation from existing gambling debt and money recovery statutes, allowing players to participate without legal consequences related to traditional gambling laws.
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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