Bill > LD33

This bill amends Maine's existing laws governing fantasy contests by making two key changes. First, it modifies the participation requirements by increasing the minimum number of fantasy contestants from one to two per game or contest, and explicitly stipulates that none of these contestants can be the fantasy contest operator itself. Second, the bill adjusts the revenue collection mechanism for fantasy contests, removing the previous threshold of $100,000 in gross revenues and instead mandating that the director collect 10% of gross fantasy contest revenues for deposit to the General Fund, regardless of the total revenue amount. These modifications appear designed to ensure more competitive and diverse fantasy contest participation while standardizing the state's revenue collection from such contests. The bill amends specific sections of Title 8, Maine Revised Statutes Annotated (MRSA), which governs commercial activities including fantasy contests.

Military Affairs and Security

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=33&snum=132