La. Admin. Code tit. 42 § VII-103
Act-the provisions of the Louisiana Gaming Control Law, R.S. 27:1 et seq. and all provisions of the Louisiana Fantasy Sports Contests Act, R.S. 27:301 et seq.
Applicant-has the same meaning as the term has in Section 1701 of Part III of this Title.
Application-has the same meaning as the term has in Section 1701 of Part III of this Title.
Associated Persons-any person required by the Act or these regulations including, but not limited to, R.S. 27:28 and Section 2107 of Part III of this Title to submit to and meet suitability and any persons the board or division determines needs to submit to and meet suitability on the license including, but not limited to: directors; officers; and managers.
Beginner Player-a player who has entered 50 or fewer fantasy sports contests offered by a licensee and who does not meet the definition of a highly experienced player.
Board-has the same meaning as that term in R.S. 27:302.
Business Year-has the same meaning as the term has in Section 1701 of Part III of this Title.
Chairman means the chairman of the board.
Confidential Information-has the same meaning as that term in R.S. 27:302.
Division-has the same meaning as the term has in Section 1701 of Part III of this Title.
Economic Interest-any interest in a licensee from which a person receives or is entitled to receive, by agreement or otherwise, a profit, gain, thing of value, loss, credit, security interest, ownership interest or other benefit. Economic interest includes voting shares of stock or otherwise exercising control of the date to day operations. Economic interest does not include a debt unless upon review of the instrument, contract, or other evidence of indebtedness, the board or division determines a finding of suitability is required based upon the economic relationship with the licensee.
Entry Fee-has the same meaning as that term in R.S. 27:302.
Fantasy Sports Contest-has the same meaning as that term in R.S. 27:302.
Fantasy Sports Contest Operator or Operator-has the same meaning as that term in R.S. 27:302 and may be referred to as licensee.
Fantasy Sports Contest Operator Employee or Operator Employee or Licensee Employee-an individual employed by an operator and includes all officers, directors, trustees, and principal salaried executive staff officers. It shall also include contractors of operators that have access to confidential information as defined in the Act, these regulations, or R.S. 27:21 or 27:44.
Fantasy Sports Contest Player or Player-has the same meaning as that term in R.S. 27:302.
Fantasy Sports Contest Player Funds-the cash or cash equivalents that are owned by the player, are maintained in the players account, and are not commingled with the licensees operational funds.
Financial Statements or Financial Records-has the same meaning as the term has in Section 1701 of Part III of this Title.
Gaming Employee-has the same meaning as the term has in Section 1701 of Part III of this Title.
Gaming Employee Permit or Employee Permit-has the same meaning as the term has in Section 1701 of Part III of this Title.
Gaming Equipment-has the same meaning as the term has in Section 1701 of Part III of this Title, plus any equipment or devices that the board or division finds or determines to be used or expended in fantasy sports contest operations or activities.
Gaming Supplier or Distributor-has the same meaning as the term has in Section 1701 of Part III of this Title.
Gaming Supplier Permit-has the same meaning as the term has in Section 1701 of Part III of this Title.
Gaming Supplies-the same meaning as the term has in Section 1701 of Part III of this Title, plus services provided to the licensee that the board or division finds or determines to be used or expended in fantasy sports contest operations or activities.
Geolocation-the process or technique of identifying the geographical location of a person or device by means of digital information processed by digital means.
Gross Fantasy Sports Contest Revenues-has the same meaning as that term in R.S. 27:302.
Highly Experienced Player-a person who has either:
Inactive Account-a fantasy sports contest player account that has not been logged into or has had no activity for a period of three years.
Internal Controls-internal procedures and administration and accounting controls designed by the licensee that are commercially reasonable procedures for the operation of fantasy sports contests with an entry fee.
Key Gaming Employee-has the same meaning as that term in in Section 1701 of Part III of this Title.
Location Percentage-has the same meaning as that term in R.S. 27:302.
Net Revenue-has the same meaning as that term in R.S. 27:302.
Non-Gaming Supplier or Supplier of Goods or Services Other than Gaming Devices or Gaming Equipment-has the same meaning as the term has in Section 1701 of Part III of this Title.
Non-Gaming Supplier Permit-has the same meaning as the term has in Section 1701 of Part III of this Title.
Non-Key Gaming Employee-has the same meaning as the term has in Section 1701 of Part III of this Title.
Non-Key Gaming Employee Permit-has the same meaning as the term has in Section 1701 of Part III of this Title.
Operators Net Revenue-has the same meaning as that term in R.S. 27:302.
Person-has the same meaning as the term has in Section 1701 of Part III of this Title.
Platform-any website, smart phone or tablet or other electronic application, or other portal providing access to a fantasy sports contest conducted pursuant to Chapter 6 of the Louisiana Gaming Control Law.
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. Any non-cash prizes shall be calculated at the cost to the licensee.
Prohibited Parish-a parish in which, at the election held pursuant to R.S. 27:303, a majority of the qualified electors in the parish voting on the proposition to authorize fantasy sports contests in the parish voted against the proposition.
Script-a list of commands that a computer related to a fantasy sports contest program can execute to automate processes on a fantasy sports contest platform.
Segregated Account-a financial account that segregates the funds of players such that the licensees operational funds may not be commingled.
Sporting Event-an athletic game or team competition in which an individual athletes performance is used to accumulate statistical results.
La. Admin. Code tit. 42, § VII-103