Sec. 16. A game operator must do the following to conduct paid fantasy sports games under this chapter:
(1) Provide written notice to the division of the game operator's intent to conduct paid fantasy sports games under this chapter.
(2) Submit for the division's approval any proposed contract with a licensee through which the game operator intends to conduct paid fantasy sports games under this chapter.
(3) Submit a plan for doing the following:
(A) Verifying the identity and age of patrons who wish to participate in a paid fantasy sports game conducted under this chapter.
(B) Maintaining the security of the identifying and financial information of game participants participating in paid fantasy sports games conducted under this chapter.
(C) Promoting paid fantasy sports games conducted under this chapter in a manner that accurately describes the relationship between the game operator and a licensee.