§ 27:302 — Definitions

Louisiana § 27:302

• Jurisdiction: Louisiana
• Title 27: Louisiana Legislature

Text

§302. Definitions
For purposes of this Chapter:
(1) "Board" means the Louisiana Gaming Control Board.
(2) "Confidential information" means information related to the play of a fantasy
sports contest by fantasy sports contest players that is obtained as a result of or by virtue of
a person's employment.
(3) "Entry fee" means cash or cash equivalent that is required to be paid by a fantasy
sports contest participant to a fantasy sports contest operator in order to participate in a
fantasy sports contest.
(4) "Fantasy sports contest" means any fantasy or simulation sports game or contest
played through the internet or mobile device with all of the following elements:
(a) Participants create a simulation sports team based on the current membership of
real-world amateur or professional sports organizations.
(b) All prizes and awards offered to winning participants are established and made
known to the participants in advance of the game or contest, and the value of the prizes or
awards is not determined by the number of participants or the amount of any fees paid by
those participants.
(c) All winning outcomes reflect the relative knowledge and skill of the participant
and are predominantly determined by accumulated statistical results of the performance of
the individuals, including athletes in the case of sporting events.
(d) No winning outcome is based on either of the following:
(i) On the score, point-spread, or any performance or performances of any single
real-world team or any combination of such teams.
(ii) Solely on any single performance of an individual athlete in any single real-world
sporting or other event.
(5) "Fantasy sports contest operator" or "operator" means a suitable person domiciled
in Louisiana or a domestic business entity or a foreign corporation that is licensed by the
board to offer a platform for the playing of fantasy sports contests, to administer one or more
fantasy sports contests with an entry fee, and to award a prize of value.
(6) "Fantasy sports contest player" or "player" means a person who participates in
a fantasy sports contest offered by a fantasy sports contest operator.
(7) "Gross fantasy sports contest revenues" means the amount equal to the total of
all entry fees that a fantasy sports contest operator collects from all fantasy sports contest
players, multiplied by the location percentage for the state of Louisiana.
(8) "Location percentage" means the percentage rounded to the nearest tenth of a
percent of the total of entry fees collected from fantasy sports contest players located in the
state of Louisiana, divided by the total entry fees collected from all fantasy sports contest
players participating in fantasy sports contests.
(9) "Net revenue" means, for all fantasy sports contests, the amount equal to the total
entry fees collected from all participants entering such fantasy sports contests, less the
winnings paid to participants in the contests, multiplied by the location percentage for the
state of Louisiana.
(10) "Operator's net revenue" means, for all fantasy sports contests, the amount equal
to the total entry fees collected from all participants entering such fantasy sports contests, less
the winnings paid to participants in the contests.
(11) "Participation" or "participate" means to pay an entry fee to a fantasy sports
contest operator.

Legislative History

Acts 2018, No. 322, §1; Acts 2020, No. 141, §1, eff. June 9, 2020; Acts 2020, 1 st Ex. Sess., No. 34, §1, eff. July 13, 2020; Acts 2020, 2 nd Ex. Sess., No. 44, §1, eff. Oct. 28, 2020.