Bill Text: CT SB00192 | 2016 | General Assembly | Introduced
Bill Title: An Act Concerning Daily Fantasy Sports.
Spectrum: Committee Bill
Status: (Introduced - Dead) 2016-03-15 - Favorable Change of Reference, House to Committee on Finance, Revenue and Bonding [SB00192 Detail]
Download: Connecticut-2016-SB00192-Introduced.html
General Assembly |
Raised Bill No. 192 | ||
February Session, 2016 |
LCO No. 1511 | ||
*01511_______GL_* | |||
Referred to Committee on GENERAL LAW |
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Introduced by: |
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(GL) |
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AN ACT CONCERNING DAILY FANTASY SPORTS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective from passage) (a) For the purposes of this section:
(1) "Daily fantasy sports contest" means a contest in which the offer or award of a prize is connected to the statistical performance or finishing position of one or more individual participants in an underlying amateur or professional sports competition, but does not include the offer or award of a prize to a winner of or participant in the underlying competition itself; and
(2) "Contest of chance" means a contest in which the outcome of such contest depends in a material degree upon an element of chance.
(b) The Commissioner of Consumer Protection shall adopt regulations, in accordance with the provisions of chapter 54 of the general statutes, to protect consumers who play daily fantasy sports contests for prizes from unfair or deceptive acts or practices that may arise in the gaming process. Such regulations shall include, but need not be limited to: (1) A specification that daily fantasy sports contests are not contests of chance, (2) a prohibition of daily fantasy sports operators allowing persons under the age of twenty-one from playing any daily fantasy sports contest held or promoted by such operators, (3) protections of consumer funds on deposit with daily fantasy sports operators, (4) requirements regarding truthful advertising by daily fantasy sports operators, (5) procedures to ensure the integrity of all daily fantasy sports contests offered in this state, and (6) protections for problem gamblers.
(c) A violation of the regulations adopted pursuant to subsection (b) of this section shall be an unfair or deceptive act or practice in the conduct of trade or commerce under subsection (a) of section 42-110b of the general statutes.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
from passage |
New section |
Statement of Purpose:
To protect consumers who play daily fantasy sports contests from unfair or deceptive acts or practices.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]