99E.3 Commission — powers.
1. The commission shall have full jurisdiction over and shall supervise internet fantasy sports contests and internet fantasy sports contest service providers as governed by this chapter.
2. The commission shall have the following powers and shall adopt rules pursuant to chapter 17A to administer and implement this chapter:
a. To review and investigate applicants and determine the eligibility of applicants for a license to conduct internet fantasy sports contests, pursuant to rules adopted by the commission.
b. To license and regulate internet fantasy sports contest service providers subject to the requirements of this chapter.
c. To provide for the prevention of practices detrimental to the public and to provide for the best interests of internet fantasy sports contests.
d. To investigate alleged violations of this chapter or the commission rules, orders, or final decisions and to take appropriate disciplinary action against a licensee, or institute appropriate legal action for enforcement, or both. Information gathered during an investigation is confidential during the pendency of the investigation.
e. To assess fines and revoke or suspend licenses and to impose penalties for violations of this chapter.
f. To take any other action as may be reasonable or appropriate to enforce this chapter and the commission rules.
2019 Acts, ch 132, §28, 45, 46