Alabama Fantasy Sports Operator Bond Requirement
In Alabama, HB 361 requires fantasy sports contest operators to register and either segregate fantasy contest player funds from operational funds or maintain a reserve equal to or in excess of the amount of player funds on deposit. Surety bonds or other security will be accepted to meet the reserve requirement.
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If you’re ready to get a free surety bond quote to meet this new surety bond requirement, you can simply apply online. We are the nation’s largest volume bond producer, and provide the lowest rates in the industry.