Mich. Admin. Code R. 432.532 - Conduct of fantasy contests
Rule 532.
(1)
Available fantasy contests must be clearly displayed on the fantasy contest
operator's or licensed management company's fantasy contest platform. A fantasy
contest operator or licensed management company shall not accept fantasy
contest entries for a fantasy contest unless the fantasy contest is clearly
displayed on the fantasy contest operator's or licensed management company's
fantasy contest platform. For fantasy contests that are open only to certain
fantasy contest players, a fantasy contest operator or licensed management
company may display the fantasy contests only to fantasy contest players to
which the fantasy contests are open.
(2) A fantasy contest operator or licensed
management company shall not offer a fantasy contest that is designed, in whole
or in part, to ensure that any specific fantasy contest player or players will
win a prize or award, unless the fantasy contest or the prize or award, or
both, is offered in connection with a promotion conducted in accordance with
these rules.
(3) A fantasy contest
operator or licensed management company must establish the maximum number of
entries a single fantasy contest player may enter in each fantasy contest,
subject to both of the following:
(a) The
maximum number of entries for a given fantasy contest must be the same for all
fantasy contest players.
(b) A
fantasy contest operator or licensed management company must clearly and
conspicuously notify a fantasy contest player of the maximum number of entries
for a fantasy contest before the fantasy contest player pays an entry fee or
otherwise enters or participates in the fantasy contest.
(4) Unless otherwise directed by the board,
there is no prescribed limitation as to any of the following:
(a) The minimum or maximum entry fee a
fantasy contest operator or licensed management company may charge for a
fantasy contest.
(b) Subject to
subrule (3) of this rule, the minimum or maximum number of entries a fantasy
contest operator or licensed management company may allow a single fantasy
contest player to enter in a fantasy contest.
(c) The minimum or maximum number of
aggregate entries a fantasy contest operator or licensed management company may
allow all participating fantasy contest players to enter in a fantasy
contest.
(d) The minimum or maximum
prize or award a fantasy contest operator or licensed management company may
pay to a single winning fantasy contest player or all winning fantasy contest
players in a fantasy contest.
(5) Subrule (4) of this rule does not
preclude a fantasy contest operator or licensed management company from
establishing its own relevant minimums or maximums for reasons considered
necessary or appropriate by the fantasy contest operator or licensed management
company or as otherwise required by the act and these rules.
(6) Unless otherwise approved by the board, a
fantasy contest platform must provide to a fantasy contest player for review
and confirmation all fantasy contest entry information, including, but not
limited to, fantasy contest team selections, before a fantasy contest entry is
accepted.
(7) On acceptance of a
fantasy contest entry, an electronic record of the fantasy contest entry must
be provided to or made available to the fantasy contest player. Unless
otherwise approved by the board, the electronic record must contain the
following minimum information:
(a) Unique
identification number or other identifier of the fantasy contest.
(b) The date and time the fantasy contest
entry was entered.
(c) The date and
time the fantasy contest will begin.
(d) The date and time the fantasy contest is
expected to be settled or a general statement explaining that the fantasy
contest will be settled following the completion of all athletic events on
which the fantasy contest is based.
(e) Identification of the individual athletes
selected by the fantasy contest player to form the fantasy contest
team.
(f) Identification of the
athletic event or athletic events from which the statistical results of the
performance of each individual athlete will be obtained for purposes of
determining the fantasy contest outcome.
(g) Any special condition or conditions
applying to the fantasy contest entry.
(h) Entry fee paid, including any promotional
or bonus credits, if applicable.
(i) Prize or award amounts offered to winning
fantasy contest players.
(8) Except as otherwise provided in these
rules or applicable state or federal law, a fantasy contest operator or
licensed management company must pay winning fantasy contest players following
the completion of the athletic events on which the fantasy contest was based
and determination of the fantasy contest outcome.
(9)A fantasy contest operator or licensed
management company may only cancel an accepted fantasy contest entry if any of
the following apply:
(a) If the cancellation
is required under these rules, including, but not limited to,
R 432.532h.
(b) If the fantasy contest operator or
licensed management company determines a particular fantasy contest entry or an
entire fantasy contest must be cancelled due to suspicious behavior or a
concern regarding the integrity of the fantasy contest identified in accordance
with R 432.534a.
(c) If the cancellation is provided for in
and executed in accordance with the fantasy contest operator's or licensed
management company's fantasy contest rules or terms adopted pursuant to
R 432.536.
(d) If the cancellation is necessary to
resolve a fantasy contest platform, fantasy contest entry, or fantasy contest
error or malfunction.
(e) If the
fantasy contest operator or licensed management company requests and receives
prior written approval of the board to cancel the fantasy contest
entry.
(10) A fantasy
contest operator or licensed management company must retain records of each
fantasy contest it conducts for a minimum of 3 years and must provide the
records to the board on request.
Notes
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