1. (1) A person or entity shall not conduct, nor accept wagers for parimutuel fantasy sports in Montana unless the person or entity has applied for and been granted a license pursuant to Title 23, chapter 4, MCA, and this chapter in one or more of the following categories:

   1. (a) parimutuel network;
   2. (b) parimutuel network director; or
   3. (c) parimutuel facility.

2. (2) The annual licensing fee for fantasy sports parimutuel licenses shall be as follows, subject to amendments by the board that are applied equally across a single category:

   1. (a) parimutuel network $1000
   2. (b) parimutuel network director 250
   3. (c) parimutuel facility 75

Authorizing statute(s): 23-4-104, MCA

Implementing statute(s): 23-4-101, 23-4-201, 23-4-202, MCA

History: NEW, 2008 MAR p. 1806, Eff. 8/29/08; TRANS, from 32.28.2202, 2015 MAR p. 2252, Eff. 12/25/15.