Ohio Admin. Code 3772-74-07

Current through all regulations passed and filed through December 2, 2024

Section 3772-74-07 - Fantasy contest operator licensure

(A) A person seeking to obtain or renew a fantasy contest operator license shall apply for licensure, designate at least one key employee, comply with all instructions, and pay a non-refundable fee in the applicable amount:

(1) Thirty thousand dollars for a fantasy contest operator who has at least fifteen thousand fantasy contest players in the state of Ohio who paid at least one entry fee in the twelve months prior to the current application for licensure;

(2) Fifteen-thousand dollars for a fantasy contest operator who has less than fifteen thousand but at least ten thousand fantasy contest players in the state of Ohio who paid at least one entry fee in the twelve months prior to the current application for licensure;

(3) Nine thousand dollars for a fantasy contest operator who has less than ten-thousand but at least five thousand fantasy contest players in the state of Ohio who paid at least one entry fee in the twelve months prior to the current application for licensure; or

(4) Three thousand dollars for a fantasy contest operator who has less than five thousand fantasy contest players in the state of Ohio who paid at least one entry fee in the twelve months prior to the current application for licensure.

(B) All fees in paragraph (A) of this rule may be paid in equal annual installments, if a fantasy contest operator so elects on the application. Failure to timely pay any portion of a fee required by this rule constitutes cause for the executive director to issue an emergency order in the manner prescribed by division (G) of section 3772.04 of the Revised Code.

(C) If the commission, at a meeting held under section 3772.02 of the Revised Code, determines that a person is suitable and otherwise eligible for licensure, a fantasy contest operator license may be issued for up to three years. Any license issued for less than three years will have the fees listed in paragraph (A) of this rule prorated to reflect the shorter license term.

Ohio Admin. Code 3772-74-07

Five Year Review (FYR) Dates: 7/22/2024 and 07/22/2029
Promulgated Under: 119.03
Statutory Authority: 3772.03, 3774.03
Rule Amplifies: 3772.03, 3774.02, 3774.03
Prior Effective Dates: 09/03/2019

Effective: 9/3/2019
Five Year Review (FYR) Dates: 09/03/2024
Promulgated Under: 119.03
Statutory Authority: 3772.03, 3774.03
Rule Amplifies: 3772.03, 3774.02, 3774.03