Florida Senate - 2018 CS for SB 374 By the Committee on Regulated Industries; and Senator Young 580-01832-18 2018374c1 1 A bill to be entitled 2 An act relating to fantasy contests; creating s. 3 546.13, F.S.; defining terms; exempting a fantasy 4 contest from certain regulations; providing an 5 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 in order to participate in 15 a fantasy contest. 16 (b) “Fantasy contest” means a fantasy or simulated game or 17 contest in which: 18 1. The value of all prizes and awards offered to winning 19 participants is established and made known to the participants 20 in advance of the contest; 21 2. All winning outcomes reflect the relative knowledge and 22 skill of the participants and are determined predominantly by 23 accumulated statistical results of the performance of 24 individuals, including athletes in the case of sporting events; 25 3. No winning outcome is based on the score, point spread, 26 or any performance or performances of any single actual team or 27 combination of such teams, solely on any single performance of 28 an individual athlete or player in any single actual event, or 29 on the performances of participants in collegiate, high school, 30 or youth sporting events. 31 (c) “Fantasy contest operator” means a person or an entity, 32 including any employee or agent, that offers or conducts a 33 fantasy contest with an entry fee for a cash prize or award and 34 that is not a participant in the fantasy contest. 35 (2) EXEMPTIONS.—The Department of Business and Professional 36 Regulation may not regulate and the offenses established in s. 37 849.01, s. 849.08, s. 849.09, s. 849.11, s. 849.14, and s. 38 849.25 do not include or apply to a fantasy contest operated or 39 conducted by a: 40 (a) Fantasy contest operator. 41 (b) Natural person who is a participant in the fantasy 42 contest, serves as the commissioner of not more than 10 fantasy 43 contests in a calendar year, and distributes all entry fees for 44 the fantasy contest as prizes or awards to the participants in 45 that fantasy contest. 46 Section 2. This act shall take effect October 1, 2018.