Current through the 2024 Regular Session
Section 97-33-303 - DefinitionsAs used in Sections 97-33-301 through 97-33-317, the following terms shall have the meanings ascribed unless the context requires otherwise:
(a) "Cash prize" means winnings in the form of cash or cash equivalents and includes credits to a player's account with an operator.(b) "Commission" means the Mississippi Gaming Commission created in Section 75-76-7.(c) "Confidential information" means information related to the play of a fantasy contest by fantasy contest players obtained as a result of or by virtue of a person's employment.(d) "Entry fee" means cash or a cash equivalent that is required to be paid to an operator to participate in a fantasy contest.(e) "Executive director" means the Executive Director of the Mississippi Gaming Commission.(f) "Fantasy contest" or "contest " means a simulated game in which: (i) Winning outcomes are determined predominately by accumulated statistical results of the performance of individual athletes in actual sporting events; and(ii) Winning outcomes are not based on the score, point spread, or any performance of any single actual sports team or combination of teams or solely on any single performance of an individual athlete in any single actual sporting event.(g) "Highly experienced player" means an individual who has:(i) Entered more than one thousand (1,000) contests offered by a particular operator; or(ii) Won more than three (3) prizes which are each valued at One Thousand Dollars ($1,000.00) or more, from a particular operator.(h) "Operator" or "fantasy contest operator" means a person or entity that offers fantasy contests, requires an entry fee, and offers a cash prize.(i) "Player" means a person who participates in a fantasy contest offered by an operator.(j) "Sporting event" means an athletic game or team competition in which an individual athlete's performance is used to accumulate statistical results.Amended by Laws, 2017, ch. 336, HB 967, 2, eff. 7/1/2017.Added by Laws, 2016, ch. 488, § 3, eff. 5/12/2016.