Beginning in the Spring of 2016, many states began to impose taxes, regulatory requirements, and license fees on all Fantasy Football Contest Operators. These additional costs are passed on to our customers as regulatory fees. These fees are subject to change annually.
These new financial and compliance audits required by many states benefit the entire fantasy football community. We have to spread some of the cost to residents of all locations. Everyone must help keep OUR hobby alive and kicking. Everyone benefits from regulation, so everyone will be charged at least a minimum regulatory fee.
Your regulatory fee pays for:
- Taxes and compliance fees in your state
- Financial audits required by your state
- Licensing in your state
- Compliance audits required by your state
- Accounting and filing in your state
- Legal fees for compliance research
Below are the per-team regulatory fees we need to charge for each state for 2019:
|Newfoundland and Labrador||$5.99|
|Northwest Territories||Not Licensed|
|Prince Edward Island||$5.99|
|Outside US and Canada||$5.99|