Truly Agreed, 2016

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SS SCS HCS HB 1941, 2016    (New Section - Proposed Language)

313.910. As used in sections 313.900 to 313.1020, the following terms shall mean:
     (1) "Authorized internet website", an internet website or any platform operated by a licensed operator;
     (2) "Commission", the Missouri gaming commission;
     (3) "Entry fee", anything of value including, but not limited to, cash or a cash equivalent, that a fantasy sports contest operator collects in order to participate in a fantasy sports contest;
     (4) "Fantasy sports contest", any fantasy or simulated game or contest with an entry fee, conducted on an internet website or any platform, in which:
     (a) The value of all prizes and awards offered to the winning participants is established and made known in advance of the contest;
     (b) All winning outcomes reflect in part the relative knowledge and skill of the participants and are determined predominantly by the accumulated statistical results of the performance of individuals, including athletes in the case of sports events; and
     (c) No winnings outcomes are based on the score, point spread, or any performance of any single actual team or combination of teams or solely on any single performance of an individual athlete or player in any single actual event.
     (5) "Fantasy sports contest operator", any person or entity that offers fantasy sports contests for a prize;
     (6) "Highly experienced player", a person who has either:
     (a) Entered more than one thousand contests offered by a single fantasy sports contest operator; or
     (b) Won more than three fantasy sports prizes of one thousand dollars or more;
     (7) "Licensed operator", a fantasy sports contest operator licensed pursuant to section 313.920 to offer fantasy sports contests for play on an authorized internet website in Missouri;
     (8) "Minor", any person less than eighteen years of age;
     (9) "Net revenue", for all fantasy sports contests, the amount equal to the total entry fees collected from all participants entering such fantasy sports contests less winnings paid to participants in the contests, multiplied by the resident percentage;
     (10) "Player", a person who participates in a fantasy sports contest offered by a fantasy sports contest operator;
     (11) "Prize", anything of value including, but not limited to, cash or a cash equivalent, contest credits, merchandise, or admission to another contest in which a prize may be awarded;
     (12) "Registered player", a person registered pursuant to section 313.940 to participate in a fantasy sports contest on an authorized internet website;
     (13) "Resident percentage", for all fantasy sports contests, the percentage, rounded to nearest one-tenth of one percent, of the total entry fees collected from Missouri residents divided by the total entry fees collected from all players, regardless of the players' location, of the fantasy sports contests; and
     (14) "Script", a list of commands that a fantasy-sports-related computer program can execute to automate processes on a fantasy sports contest platform;


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