Assigned to APPROP FOR COMMITTEE
ARIZONA STATE SENATE
Fifty-Fifth Legislature, Second Regular Session
FACT SHEET FOR S.B. 1459
event wagering; fantasy sports; fees
Purpose
Reduces the percentage of Fantasy Sports Contest Fund (FSC Fund) and Event Wagering
Fund monies that the Arizona Department of Gaming (ADG) may spend on annual regulation and
enforcement costs.
Background
In 2021, the Legislature authorized fantasy sports contests and event wagering according
to prescribed regulations administered by the ADG (Laws 2021, Ch. 234).
The FSC Fund consists of monies from the fee established for the privilege of operating
fantasy sports contests and from any other source. FCS Fund monies are subject to legislative
appropriation, and the ADG may spend up to 10 percent of monies on the ADG's annual costs for
regulating and enforcing fantasy sports contest statutes, unless otherwise authorized by the
Legislature. The ADG must transfer any remaining monies to the state General Fund (state GF)
(A.R.S. § 5-1212).
The Event Wagering Fund consist of monies from the fee established for the privilege of
operating event wagering and any other source. On the 25th day of each month, any monies
remaining in the Event Wagering Fund must be transferred to the state GF. Unless otherwise
determined by the Legislature, the ADG may spend up to 10 percent of monies on the ADG's
annual costs for regulating and enforcing event wagering statutes and any remaining monies revert
to the state GF (A.R.S. § 5-1418).
S.B. 1459 reduces the percentage of FSC Fund and Event Wagering Fund monies that the
ADG may spend for regulation and enforcement. If the reduction changes the amount of remaining
monies that must be transferred to the state GF, there may be a fiscal impact associated with this
legislation.
Provisions
1. Reduces, from 10 percent to 8 percent, the percentage of:
a) FSC Fund monies that the ADG may spend on the annual costs for regulating and
enforcing fantasy sports contest statutes; and
b) Event Wagering Fund monies that the ADG may spend on the annual costs for regulating
and enforcing event wagering statutes.
FACT SHEET
S.B. 1459
Page 2
2. Makes technical changes.
3. Becomes effective on the general effective date.
Prepared by Senate Research
February 18, 2022
JT/sr