Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part VII - Louisiana Fantasy Sports Contests
Chapter 3 - Licensing
Section VII-301 - Licenses, General
Current through Register Vol. 50, No. 9, September 20, 2024
A. No fantasy sports contest operator shall offer any fantasy sports contest in this state without first being licensed by the board.
B. Fantasy sports contest operator licenses shall be applied for, issued, and regulated according to the Act, including, but not limited to R.S. 27:1 et seq., Part III of this Title, and this Part.
C. A license shall be issued in the name of the owner of the fantasy sports contest operator.
D. Any license or permit issued by the board and any permit issued by the division is deemed to be a revocable privilege, and no person holding such a license or permit is deemed to have acquired any vested rights therein.
E. All licenses and permits shall be surrendered to the board or division upon their expiration or revocation at which time they will be destroyed unless needed for a pending investigation.
F. Licenses and permits are not transferable or assignable. If the status of the fantasy sports contest operator or permittee should change such that the person no longer needs or is entitled to the license or permit, then the license or permit shall be cancelled and any tangible item which evinces such a license or permit shall be surrendered to the board or division within five days of the change of status. Any license or permit surrendered shall be marked cancelled or destroyed.
AUTHORITY NOTE: Promulgated in accordance with R.S. 27:15, 24, and 304.
