This bill proposes several updates to the current statutes regarding fantasy sports and event wagering in Arizona. Notably, it allows individuals to offer fantasy sports contests without a license, which is a significant change from the current requirement. The bill also modifies the application process for licensure by specifying that the Department of Gaming will determine the application form and content, and it mandates that applicants' officers and significant owners submit fingerprints for criminal background checks. Additionally, the bill clarifies that the Department of Public Safety must exchange fingerprint data with the FBI, enhancing the oversight of applicants.

Furthermore, the bill introduces new provisions that require employees and contractors of event wagering operators to submit fingerprints for background checks, similar to the requirements for fantasy sports operators. It also establishes that licenses for event wagering operators will be valid for five years, contingent upon annual fee payments and compliance with regulations. The bill emphasizes the importance of maintaining compliance with laws governing event wagering operations, and it restricts individuals from holding more than one event wagering operator license, while allowing management services providers to work with multiple operators.

Statutes affected:
Introduced Version: 5-1202, 5-1304, 41-1750, 92-544, 5-1203