68 Ind. Admin. Code 27-7-16

Current through December 4, 2024

Section 68 IAC 27-7-16 - Promotions

Authority: IC 4-38-3-1

Affected: IC 4-38

Sec. 16.

(a) Patrons must be able to access information pertaining to any available promotions or bonuses. This information must be clear and unambiguous, especially where promotions or bonuses are limited to certain events or markets, or when other specific conditions apply.

(b) A record of all promotional or bonus wagering offers shall be maintained in an electronic file that is readily available to the division. All bonus and promotional wagering offers shall be stated in clear and unambiguous terms and shall be readily accessible by the patron after the offer is accepted and prior to completion. Offer terms and the record of all offers shall include at a minimum:

(1) the date and time presented;

(2) the date and time the offer is active and expires;

(3) patron eligibility, including any limitations on patron participation;

(4) any restriction on withdrawals of funds;

(5) wagering requirements and limitations;

(6) the order in which funds are used for wagers;

(7) eligible events or wagers; and

(8) rules regarding cancellation.

(c) All promotions and bonuses must:

(1) include terms and conditions that are full, accurate, clear, concise, and transparent, and not contain misleading information;

(2) ensure advertising materials include material terms and conditions for that promotion or bonus and have those material terms in close proximity to the headline claim of the promotion or bonus and in a reasonably prominent size;

(3) disclose applicable terms if the patron has to risk or lose the patron's own money as part of the promotion or bonus or has conditions attached to the patron's own money as a result of the promotion or bonus;

(4) not be described as risk free if the patron needs to incur any loss or risk the patron's own money to use or withdraw winnings from the risk free bet; and

(5) not restrict the patron from withdrawing the patron's own funds or withdrawing winnings from bets placed using the patron's own funds.

68 IAC 27-7-16

Indiana Gaming Commission; 68 IAC 27-7-16; filed 6/25/2021, 2:59 p.m.: 20210721-IR-068200420FRA