As used in these rules, unless the context otherwise requires,
the following definitions apply:
"Administrator" means the administrator of the
racing and gaming commission or the administrator's designee.
"Applicant" means an internet fantasy sports
contest service provider applying for a license to conduct internet fantasy
sports contests under this chapter.
"Commission" means the state racing and gaming
commission created under Iowa Code section 99D.5.
"Entry fee" means cash or cash equivalent that
is required to be paid by an internet fantasy sports contest player to an
internet fantasy sports contest service provider in order to participate in a
fantasy sports contest.
"Fantasy sports contest" or
"contest" means a fantasy or simulated game or contest in
which:
1. The fantasy sports contest
operator is not a participant in the game or contest;
2. The value of all prizes and awards offered
to winning participants are established and made known to the participants in
advance of the contest;
3. All
winning outcomes reflect the relative knowledge and skill of the
participants;
4. The outcome shall
be determined by accumulated statistical results of the performance of
individuals, including athletes in the case of sporting events; and
5. No winning outcome is solely based on the
score, point spread, or any performance or performances of any single actual
team or solely on any single performance of an individual athlete or
player in
any single actual event.
"Fantasy sports contest service provider"
means a person, including a licensee under Iowa Code chapter 99D, 99E or 99F,
who conducts an internet fantasy sports contest as authorized by this
chapter.
"Highly experienced player" means a person who
has entered more than 1,000 contests conducted by a single fantasy sports
contest service provider or has won more than three fantasy sports contest
prizes of $1,000 or more from a single fantasy sports contest service provider.
A fantasy sports contest provider may declare other players a "highly
experienced player" so long as the provider's criteria for declaration would
include players previously declared a "highly experienced player" by the
provider.
"Internal controls" means the fantasy sports
contest service provider's system of internal controls.
"Licensee" means any person licensed under
Iowa Code section 99E.5 to conduct internet fantasy sports contests.
"Location percentage" means, for each internet
fantasy sports contest, the percentage, rounded to the nearest tenth of a
percent, equal to the total charges and fees collected from all internet
fantasy sports contest players located in this state divided by the total
charges and fees collected from all participants in the internet fantasy sports
contest.
"Net revenue" means an amount equal to the
total entry and administrative fees collected from all participants entering
fantasy sports contests less winnings paid to participants in the contest,
multiplied by the location percentage.
"Player" or "customer" means
a person who is at least 21 years of age and participates in an internet
fantasy sports contest operated by an internet fantasy sports contest service
provider.
"Prize" means anything of value, including
cash or a cash equivalent, contest credits, merchandise or entry to another
contest in which a prize may be awarded.
"Script" means a list of commands that a
fantasy sports-related computer program can execute and is created by fantasy
sports players, or by third parties for the use of all players, to automate
processes on a fantasy sports contest internet platform.
Notes
Iowa Admin. Code r. 491-14.1
Adopted by
IAB
August 28, 2019/Volume XLII, Number 5, effective
7/31/2019
Amended by
IAB
April 8, 2020/Volume XLII, Number 21, effective
5/13/2020
Amended by
IAB
February 22, 2023/Volume XLV, Number 17, effective
3/29/2023
