Ohio Administrative Code › Title 3772 - Casino Control Commission › Chapter 3772-74 - Fantasy Contests › Section 3772-74-01 - Definitions

Current through all regulations passed and filed through July 1, 2024
(A)
								The words and terms defined in section
			 3774.01 of the Revised Code are
			 used in Chapter 3772-74 of the Administrative Code as they are defined in that
			 section.
(B)
								As used in Chapter 3772-74 of the Administrative Code,
			 the following words have the following meanings, unless the context clearly
			 indicates otherwise:
(1)
									"Advertisement" means any notice or communication to
			 the public or any information concerning the fantasy contest-related business
			 designed to solicit or entice fantasy contest players to participate in fantasy
			 contests of a fantasy contest operator through broadcasting, publication, or
			 any other means of dissemination and includes promotional giveaways, games, and
			 similar activities.
(2)
									"Applicant" means any person who applies for a license
			 under fantasy contest law.
(3)
									"Conduct" means
			 to back, promote, offer, organize, manage, carry on, sponsor, or prepare for
			 the operation of a fantasy contest.
(4)
									"Fantasy contest
			 operator employee" means any of the following:
(a)
										A board member or
			 employee of a fantasy contest operator;
(b)
										A board member or
			 employee of a fantasy contest management company that must apply for licensure
			 under rule
			 3772-74-08
			 of the Administrative Code; or
(c)
										Any contractor of
			 a person described in paragraph (B)(4)(a) or (B)(4)(b) of this rule who has
			 access to material nonpublic information.
(5)
									"Fantasy contest
			 law" means division (L) of section
			 3772.03 of the Revised Code,
			 Chapter 3774. of the Revised Code, and Chapter 3772-74 of the Administrative
			 Code.
(6)
									"Fantasy contest player funds" means cash or cash
			 equivalents of all of the following:
(a)
										Amounts held by
			 the fantasy contest operator in the fantasy contest player's account. Funds
			 that have been withdrawn by a fantasy contest player from a fantasy contest
			 player's account are not captured in this definition;
(b)
										Amounts accepted
			 by the fantasy contest operator as entry fees on fantasy contests whose outcome
			 have not yet been determined; and
(c)
										Amounts owed to
			 fantasy contest players but not yet paid by the fantasy contest operator as
			 prizes, up to the amount of entry fees collected.
(7)
									"Licensee" means
			 any person who has been granted a license under fantasy contest
			 law.
(8)
									"Participate in conducting" means:
(a)
										To have a part in
			 or share of backing, promoting, offering, organizing, managing, carrying on,
			 sponsoring, or preparing the operation of a fantasy contest; or
(b)
										To manufacture,
			 distribute, sell, lease, or otherwise supply or provide fantasy contest
			 equipment, goods, or services.
(9)
									"Person" has the
			 same meaning as in section
			 3772.01 of the Revised
			 Code.
(10)
									"Prize" means anything of value, including but not
			 limited to, cash or a cash equivalent, contest credits, merchandise, or
			 admission to another fantasy contest in which a prize may be
			 awarded.
(11)
									"Proposition selection" means fantasy contest players
			 choosing whether an identified instance or statistical achievement will occur,
			 will be achieved, or will be surpassed.
(12)
									"Roster" means a
			 selected and assembled group of athletes from the underlying actual events and
			 does not include fantasy contests that have the effect of mimicking proposition
			 selection.