AN ACT RELATING TO BUSINESSES AND PROFESSIONS -- FANTASY SPORTS CONSUMER PROTECTION ACT

HB 6076, known as the "Fantasy Sports Consumer Protection Act," establishes a regulatory framework for fantasy sports contests in the state. It requires fantasy contest operators, who offer online fantasy games with entry fees and prizes, to obtain a license from the Department of Business Regulation. The bill empowers the Department to oversee these operators, ensuring consumer protections by implementing rules against fraud, underage participation, and money laundering. Operators must also use identity verification and geolocation technology, and establish measures to address compulsive gaming and prevent certain individuals, like specific athletes or self-excluded persons, from participating.