Relating to the regulation of fantasy contests; requiring an occupational license; imposing an administrative penalty; authorizing fees; imposing a tax.

SB 2752 creates new regulations for fantasy sports contests in Texas by requiring operators to obtain a business license from the Texas Lottery Commission. The bill imposes a tax on "adjusted gross fantasy contest receipts" (entry fees collected from Texas participants minus prizes paid out), authorizes licensing fees, and sets administrative penalties for violations. It directly affects companies operating fantasy contests like DraftKings or FanDuel within Texas, not participants or traditional sports betting. The law defines fantasy contests as skill-based games where outcomes depend on real athlete statistics, not team or individual game results.