HomePublicationsNewsletter ArchiveVolume 25Issue 1OHIO CASINO CONTROL SEEKS INPUT ON DRAFT FANTASY SPORTS REGULATIONS

The Ohio Casino Control Commission released draft regulations regarding fantasy sports on January 2, 2019.  The full text of the regulations can be found here.  The draft regulations set forth the process that applicants for a fantasy contest law license must follow, including a suitability and financial integrity review. The regulations contemplate a tiered application fee approach, ranging from a $30,000 fee for the largest operators (those with at least 15,000 paying players) down to a $5,000 fee for those operators with less than 5,000 paying players.  The license will be in effect for three years.

The Commission is seeking comments from interested parties.  Comments must be submitted to fantasycontests@casinocontrol.ohio.gov no later than January 16, 2019.  Any changes to the draft rules would then be made by staff and  submitted to the Commission for approval.  After initial Commission approval, the rules would be submitted to the Ohio Common Sense Initiative Office, which has the mandate of creating a regulatory framework that “promotes economic development, is transparent and responsive to regulated businesses, makes compliance as easy as possible, and provides predictability for businesses.”  After CSI makes any changes or recommendations, the rules will be referred to Ohio’s Joint Committee on Agency Rule Review before being finalized.

 

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