(1) A person or entity shall not conduct, nor accept wagers for parimutuel fantasy sports in Montana unless the person or entity has applied for and been granted a license pursuant to Title 23, chapter 4, MCA, and this chapter in one or more of the following categories:
(a) parimutuel network;
(b) parimutuel network director; or
(c) parimutuel facility.
(2) The annual licensing fee for fantasy sports parimutuel licenses shall be as follows, subject to amendments by the board that are applied equally across a single category:
(a) parimutuel network $1000
(b) parimutuel network director 250
(c) parimutuel facility 75