Section 4-33-24-9 - "Paid fantasy sports game"As used in this chapter, "paid fantasy sports game" means any fantasy or simulation sports game or contest that meets the following conditions:
(1) The values of all prizes and awards offered to winning game participants are established and made known to the game participants in advance of the game or contest.(2) All winning outcomes reflect the relative knowledge and skill of the game participants and are determined predominantly by accumulated statistical results of the performance of individuals, including athletes in the case of sporting events.(3) No winning outcome is based on the score, point spread, or performance or performances of any single team or combination of teams, or solely on any single performance of an individual athlete or player in any single event.(4) The statistical results of the performance of individuals under subdivision (2) are not based on college or high school sports.(5) All game participants must pay, with cash or a cash equivalent, an entry fee to participate.(6) Unless authorized by the horse racing commission, established by IC 4-31-3-1, no winning outcome is based on the accumulated statistical results of a performance by an individual or horse: (A) in a race or races at a recognized meeting (as defined in IC 4-31-2.1-35); or(B) on the simulcast, as defined in IC 4-31-2.1-37, of a horse race or horse races.Amended by P.L. 105-2022,SEC. 5, eff. 7/1/2022.Amended by P.L. 85-2017,SEC. 7, eff. 4/20/2017.Added by P.L. 212-2016, SEC. 2, eff. 7/1/2016.