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Rule Title: FANTASY SPORTS PARIMUTUEL HUB
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Department: COMMERCE
Chapter: BOARD OF HORSE RACING
Subchapter: Parimutuel Wagering on Fantasy Sports Leagues
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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8.22.3905    FANTASY SPORTS PARIMUTUEL HUB

(1) A licensed parimutuel network shall contract with the parimutuel hub selected and licensed by the board. There shall be only one fantasy sports parimutuel hub in Montana. The parimutuel hub shall perform the following duties:

(a) monitor all wagers;

(b) maintain a computerized system capable of connection with all parimutuel facilities;

(c) enter all sports game propositions into the system;

(d) ensure information is available to the parimutuel network for electronic display or over the Internet;

(e) verify all wagering is halted at the prescribed time as determined by the board or the fantasy sports coordinator;

(f) distribute accounting for the network, as well as all accounting required by the board; and

(g) other duties as required by the board or its designee.

(2) The parimutuel hub must be physically located within the state of Montana. The hub's equipment must be located in Montana.

History: 23-4-104, 23-4-202, MCA; IMP, 23-4-201, MCA; NEW, 2008 MAR p. 1806, Eff. 8/29/08; TRANS, from 32.28.2205, 2015 MAR p. 2252, Eff. 12/25/15.


 

 
MAR Notices Effective From Effective To History Notes
8-22-140 12/25/2015 Current History: 23-4-104, 23-4-202, MCA; IMP, 23-4-201, MCA; NEW, 2008 MAR p. 1806, Eff. 8/29/08; TRANS, from 32.28.2205, 2015 MAR p. 2252, Eff. 12/25/15.
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