Alabama Fantasy Sports Operator Bond

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.

 

 

Get a Free Quote Instantly Online

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.

 


Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.

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