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MO SB1045
Bill
Status
2/10/2016
Primary Sponsor
Kurt Schaefer
Click for details
AI Summary
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Amends Missouri Section 572.010 to add a new definition of "fantasy contest" as any fantasy or simulated game where participants may pay entry fees and win cash prizes based on accumulated statistical results of individual athlete performances
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Excludes fantasy contests from the definition of "gambling" under Missouri law, meaning participants are not considered to be engaging in illegal gambling activity
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Excludes offering and operating fantasy contests from the definition of "advancing gambling activity," protecting contest operators from criminal liability
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Requires qualifying fantasy contests to meet specific criteria: prizes must be disclosed in advance, outcomes must reflect participant skill, and winning cannot be based solely on a single team's score or single athlete's performance in one event
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Repeals conflicting versions of Section 572.010 from both SB 491 (97th General Assembly) and the 1992 Proposition A referendum to consolidate gambling definitions into one statute
Legislative Description
Exempts fantasy sports from gambling laws
Last Action
Hearing Conducted S Progress and Development Committee
3/2/2016