Arkansas Statutes
§ 23-118-101 — Legislative findings
Arkansas·Title 23
(a)The General Assembly finds that a paid esports tournament conducted in compliance with this chapter does not constitute gambling for any purpose.
(b)Paid and nonpaid esports tournaments conducted in compliance with this chapter are exempt from § 5-66-101 et seq.
(c)Income earned by esports tournament competitors or esports tournament organizers as a result of a paid esports tournament is taxable under the Income Tax Act of 1929, § 26-51-101 et seq.
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Legislative History
Added by Act 2023, No. 439,§ 1, eff. 8/1/2023.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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