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contest operator, a large fantasy contest operator and a small fantasy contest operator. A small fantasy contest operator shall pay an application and initial license fee of $500 at the time of application. A large fantasy contest operator shall pay an application and initial license fee of $7,500 at the time of application. (i) The term of an initial license shall be 2 years. (j) A large fantasy contest operator shall pay a fantasy contest operator license renewal fee of $5,000 within 30 days of the renewal of a license. A small fantasy contest operator shall pay a fantasy contest operator license renewal fee of $300 within 30 days of the renewal of a license. The license shall be renewed every 2 years. (230 ILCS 45/25-120.4 new) Sec. 25-120.4. Conduct of contests. (a) Any fantasy contest conducted under this Act does not constitute gambling for any purpose, including under Article 28 of the Criminal Code of 1961 or the Criminal Code of 2012. (b) A person participating in a fantasy contest under this Act shall be at least 21 years of age. (c) A licensee under this Act may only accept an entry from a person physically located in the State. A fantasy contest operator must use a geolocation system to ensure that a participant is physically present in the State when participating in the fantasy contest unless otherwise SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468