Fantasy Sports Consumer Protection Act regulates fantasy contests in Illinois.
The Fantasy Sports Consumer Protection Act establishes rules for fantasy contests in Illinois. It requires fantasy contest operators to obtain a license from the Illinois Gaming Board. The Act defines a fantasy contest and outlines the criteria for licensing, including background checks and audits. It also sets forth rules for the operation of fantasy contests, including age restrictions, anti-money laundering measures, and compulsive gambling prevention. The Act imposes taxes on fantasy contests and mandates reporting requirements for operators.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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