This bill amends Maine's fantasy contest laws to redefine "fantasy contest" and "proposition bet," and adjusts licensing fees.
This bill updates the definition of "fantasy contest" to mean a contest in which six or more contestants pay an entry fee to participate. It also adds a definition of "proposition bet," which is a wager made regarding the occurrence or nonoccurrence of an event or circumstance during a sports event that is not dependent on the final outcome of the sports event.
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