House Bill 249

149th General Assembly (2017 - 2018)

Bill Progress

Signed 7/26/17
The General Assembly has ended, the current status is the final status.

Bill Details

6/20/17
Sen. Sokola
AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO INTERACTIVE FANTASY CONTESTS.
An estimated 100,000 people in Delaware participate in some form of fantasy sports, whether it is a football or baseball league with their friends and family, or more recently, a daily or weekly contest against players from across the country. This legislation confirms that those contests are "games of skill" and, therefore, not a form of illegal gambling under Delaware law. It also requires operators to apply for a license and comply with some of the strictest consumer protection safeguards in the nation. Finally, the legislation subjects operators of paid fantasy sports contests to a 15% tax on their net adjusted revenues, as well as a $50,000 annual fee.
81:105
13
F/I (Complete) View PDF
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8/25/17
N/A

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Amendments

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