A person or fantasy contest operator may not offer a fantasy contest in the State without first being licensed by the director, except during such time as the person's or fantasy contest operator's application for a license is pending before the director.
There is a one-time application fee of $5,000.00 for the business entity limited to the projected cost of processing the initial application and performing background investigations. If the application fee exceeds the actual cost of processing the application and performing background investigations, the excess amount must be applied to the license fee, if the applicant is issued a license, or reimbursed to an applicant not subject to a license fee.
An applicant must submit in addition to their operator application, a one-time fee of $2,500.00 for each completed notarized authorization to release form MGCU-7200 for any officer, director, partner or shareholder who has an ownership interest of five percent (5%) or more in the fantasy contest operator or who is involved in the day to day management of fantasy contests and operations to complete a criminal background check.
The initial and renewal fee for a license for a fantasy contest operator that had gross fantasy contest revenues during the 12 months preceding application equal to or greater than $100,000 is $2,500. A fantasy contest operator that had gross fantasy contest revenues during the 12 months preceding application of less than $100,000 is not required to pay a license fee, but a license is still required. Licenses must be renewed annually.
Submission of a signed application is consent of the applicant to be subject to the laws and rules prescribed by this chapter for the operation of fantasy contests.
Fantasy Contest Operator Application - MGCU-7000 (PDF) updated 11/11/2023
Fantasy Contest Operator Renewal Application - MGCU-7100 (PDF) updated 7/27/21
Fantasy Contest Individual Request for Release Form MGCU-7200 (PDF) updated 10/18/2023
Fantasy Operator Monthly Report - MGCU - 7400 (PDF) -updated 10/7/21