Fantasy Competitions - Alterations and Voluntary Exclusion Requirements

SB 456 amends Maryland law to regulate fantasy sports competitions more strictly. It requires operators to pay a mandatory $50,000 annual registration fee to the State Lottery Commission (with fees funding a state education fund) and establish a voluntary exclusion program. Operators must prevent individuals on the exclusion list from creating accounts, participating, or receiving prizes. The bill also updates definitions of "fantasy competition," "sporting event," and "sports wagering" to clarify regulatory boundaries. These changes apply directly to companies offering fantasy sports platforms in Maryland.