§ 287-H:2 — Registration with the Commission

New Hampshire § 287-H:2

• Jurisdiction: New Hampshire
• Title XXIV: GAMES, AMUSEMENTS, AND ATHLETIC EXHIBITIONS
• Ch. 287-H: FANTASY SPORTS CONTESTS

Text

I. No fantasy sports contest operator shall offer any fantasy sports contests with an entry fee in this state without first being registered with the commission. However, a fantasy sports contest operator that offered fantasy sports contests in this state prior to the effective date of this chapter may continue to offer fantasy sports contests with an entry fee in this state, provided such operator files an application for registration with the commission within 60 days of the application's availability, and may continue to offer fantasy sports contests until such application for registration has been approved or denied.
II. Before obtaining a registration to offer fantasy sports contests in this state, a fantasy sports contest operator shall be authorized to transact business in this state.
III. An application for registration pursuant to this section shall include the following information:
(a) The name of the applicant;
(b) The location of the applicant's principal place of business;
(c) The place where and the date when the applicant was legally established and the form of its organization;
(d) The names and addresses of all principal salaried executive officers;
(e) The name and address of any shareholder holding 5 percent or more of the equity interests of the applicant;
(f) The applicant's criminal record, if any, or, if the applicant is a business entity, the criminal records, if any, of all principal salaried executive officers; and
(g) Information sufficient to show that the applicant is in good standing with the department of revenue administration.
IV. The commission shall adopt rules under RSA 541-A implementing the provisions of this chapter, which shall include the adoption of an application form for registration. The commission shall not adopt rules limiting the digital platforms offered by registered fantasy sports contest operators, or the type or structure of fantasy sports contests offered by registered fantasy sports contest operators, to the extent that such fantasy sports contests are otherwise offered in a manner consistent with this chapter.

Legislative History

2017, 247:3, eff. July 18, 2017.