Florida Senate - 2018                                     SB 374
       
       
        
       By Senator Young
       
       
       
       
       
       18-00088B-18                                           2018374__
    1                        A bill to be entitled                      
    2         An act relating to fantasy contests; creating s.
    3         546.13, F.S.; defining terms; prohibiting certain
    4         fantasy contests; exempting fantasy contests from
    5         certain regulations; providing an effective date.
    6          
    7  Be It Enacted by the Legislature of the State of Florida:
    8  
    9         Section 1. Section 546.13, Florida Statutes, is created to
   10  read:
   11         546.13 Fantasy contests and fantasy contest operators.—
   12         (1) DEFINITIONS.—As used in this section, the term:
   13         (a) “Entry fee” means cash or a cash equivalent that is
   14  required to be paid by a participant to a fantasy contest
   15  operator in order to participate in a fantasy contest.
   16         (b) “Fantasy contest” means a fantasy or simulated game or
   17  contest in which:
   18         1. The fantasy contest operator is not a participant in the
   19  game or contest;
   20         2. The value of all prizes and awards offered to winning
   21  participants is established and made known to the participants
   22  in advance of the contest;
   23         3. All winning outcomes reflect the relative knowledge and
   24  skill of the participants and are determined predominantly by
   25  accumulated statistical results of the performance of
   26  individuals, including athletes in the case of sporting events;
   27  and
   28         4. No winning outcome is based on the score, point spread,
   29  or any performance or performances of any single actual team or
   30  combination of such teams or solely on any single performance of
   31  an individual athlete or player in any single actual event.
   32         (c) “Fantasy contest operator” means a person or an entity
   33  that offers fantasy contests with an entry fee for a cash prize
   34  or award. The term does not include an individual who serves as
   35  the commissioner of no more than 10 fantasy contests in a
   36  calendar year.
   37         (2) PROHIBITION.—A fantasy contest operator may not offer
   38  fantasy contests based on the performances of participants in
   39  collegiate, high school, or youth athletics.
   40         (3) EXEMPTIONS.—A fantasy contest is not subject to
   41  regulation by the Department of Business and Professional
   42  Regulation and is not subject to s. 849.01, s. 849.08, s.
   43  849.09, s. 849.11, s. 849.14, or s. 849.25.
   44         Section 2. This act shall take effect October 1, 2018.