Michael O'Brien voted Yea (Passage) on this Legislation.
Title: Establishes Regulations for Fantasy Sports
Title: Establishes Regulations for Fantasy Sports
Vote to pass a bill that establishes various regulations for the fantasy sports industry.
Requires fantasy contest operators to obtain a license from the Ohio Casino Control Commission in order to operate in the state (Sec. 1).
Requires fantasy contest operators prohibit access to individuals under 18 and individuals who have requested that they be prohibited access to fantasy contests (Sec. 1).
Requires fantasy contest operators to segregate player funds from operational funds (Sec. 1).
Requires fantasy contest operators to keep records relating to business and accounting operations for at least fives years from the date of the record (Sec. 1).
Requires fantasy contest operators to conduct a third party audit of their business at least every three years to ensure compliance with the provisions of this act (Sec. 1).
Prohibits fantasy contest operators from offering contests based upon university, high school, or youth sports events (Sec. 1).
Prohibits fantasy contest operators from allowing the use of automated scripts unless such scripts are made available to all users (Sec. 1).
Prohibits fantasy contest operators from utilizing false or misleading advertising (Sec. 1).
Title: Establishes Regulations for Fantasy Sports