Current through Reg. 50, No. 253; December 31, 2024
Section 75-14.034 - Progressive Jackpots(1) All progressive systems or controllers shall have the ability to record the following information for each progressive amount: (a) The current prize amount;(b) The number of progressive wins;(c) The history of at least the last five progressive awards;(d) The starting award value;(e) The jackpot award value limit, if applicable;(f) The initial incremental percentage rate at which an award is increased;(g) The secondary incremental percentage rate at which an award is increased after the jackpot limit is reached;(h) The overflow incremental percentage increment rate for the reserve pool;(i) The base reset amount after the progressive jackpot is awarded; and,(j) The slot machines participating in the progressive jackpot.(2) Any modification of a progressive system or reset of a progressive jackpot amount shall require:(a) Prior written notification to the division; and,(b) The presence of a division representative.(3) All progressive jackpot amounts shall be equal to or greater than the reset amount of each progressive machine.Fla. Admin. Code Ann. R. 75-14.034
Rulemaking Authority 551.103(1), 551.122 FS. Law Implemented 551.103(1)(c), (d), (e), (g), 551.121(5) FS.
New 8-14-11, Formerly 61D-14.034.New 8-14-11, Formerly 61D-14.034.