H.F. 378 Section 1. Section 99B.12, subsection 1, paragraph g, Code 1 2013, is amended to read as follows: 2 g. No participant wins or loses more than a total of fifty 3 dollars or other consideration equivalent thereto in one or 4 more games or activities permitted by this section subsection 5 at any time during any period of twenty-four consecutive hours 6 or over that entire period. For the purpose of this paragraph 7 a person wins the total amount at stake in any game, wager or 8 bet, regardless of any amount that person may have contributed 9 to the amount at stake. 10 Sec. 2. Section 99B.12, subsection 2, unnumbered paragraph 11 1, Code 2013, is amended to read as follows: 12 Games which are permitted by this section subsection 1 are 13 limited to the following: 14 Sec. 3. Section 99B.12, Code 2013, is amended by adding the 15 following new subsection: 16 NEW SUBSECTION . 2A. a. Notwithstanding any provision of 17 this section to the contrary, and except in instances where 18 because of the location of the game or the circumstances of 19 the game section 99B.3, 99B.5, 99B.6, 99B.7, 99B.7B, 99B.8, or 20 99B.9, is applicable, an individual may participate in gambling 21 specified in paragraph “b” , but only if all of the following 22 requirements are met: 23 (1) The gambling is not conducted, either wholly or in 24 part, on or in any property subject to chapter 297, relating to 25 schoolhouses and schoolhouse sites. 26 (2) All participants in the gambling are individuals, and 27 a participant shall not participate as the agent of another 28 person. 29 (3) The gambling shall be fair and honest, and shall not be 30 designed, devised, or adapted to permit predetermination of the 31 winner, or to prevent a participant from winning, and concealed 32 numbers or conversion charts shall not be used to determine the 33 winner of any game. 34 (4) A person shall not receive or have any fixed or 35 -1- LSB 2209YH (3) 85 ec/nh 1/ 3

H.F. 378 contingent right to receive, directly or indirectly, any 1 profit, remuneration, or compensation from or as a result of 2 the gambling, except any amount which the person may win as a 3 participant on the same basis as the other participants. 4 (5) A person shall not participate in any wager, bet, or 5 pool which relates to an athletic event or contest and which 6 is authorized or sponsored by one or more schools, educational 7 institutions, or interscholastic athletic organizations if 8 the person is a coach, official, player, or contestant in the 9 athletic event or contest. 10 (6) A participant shall not win or lose more than a total of 11 five hundred dollars or other consideration equivalent thereto 12 in one or more games or activities permitted by this subsection 13 at any time during any period of twenty-four consecutive 14 hours or over that entire period. For the purpose of this 15 subparagraph, a person wins the total amount at stake in any 16 game, wager, or bet, regardless of any amount that person may 17 have contributed to the amount at stake. 18 (7) A participant shall not pay an entrance fee, cover 19 charge, or other charge for the privilege of participating 20 in gambling, or for the privilege of gaining access to the 21 location in which gambling occurs. 22 b. Games which are permitted by paragraph “a” are limited 23 to any fantasy sports game that has an outcome that reflects 24 the relative knowledge of the participants, or their skill at 25 physical reaction or physical manipulation, and has an outcome 26 that is determined predominantly by accumulated statistical 27 results of sporting events. 28 EXPLANATION 29 This bill concerns gambling on fantasy sports games by 30 individuals. 31 Code section 99B.12, which authorizes gambling between 32 individuals under limited circumstances, is amended to 33 specifically authorize fantasy sports games. 34 The bill defines a fantasy sports game as a game that 35 -2- LSB 2209YH (3) 85 ec/nh 2/ 3

H.F. 378 has an outcome that reflects the relative knowledge of the 1 participants that is determined predominantly by accumulated 2 statistical results of sporting events. The bill makes the 3 requirements for authorized gambling between individuals 4 applicable to gambling on fantasy sports games except for the 5 requirement that the gambling is incidental to a bona fide 6 social relationship between all participants, and the $50 limit 7 on wins or losses from the game. Instead, the bill authorizes 8 wins or losses from a fantasy sports game of $500. 9 -3- LSB 2209YH (3) 85 ec/nh 3/ 3