La. Admin. Code tit. 42 § XV-1103

Current through Register Vol. 50, No. 11, November 20, 2024
Section XV-1103 - Definitions
A. The following words and terms shall have the meaning set forth herein when used in the policies and rules.

Act-the provisions of the Louisiana Lottery Corporation Law, R.S. 47:9001 et seq.

Anti-Money Laundering Standards or AML-the requirements and guidelines provided in the federal Bank Secrecy Act of 1970, as amended, and the Anti-Money Laundering Act of 2020, as amended, for the prevention and detection of money laundering and the financing of terrorism.

Applicant-a person, business, or legal entity who has submitted an application to the corporation seeking a permit or the renewal of a permit.

Application-the forms and schedules prescribed by the corporation upon which an applicant seeks a permit or the renewal of a permit. An application shall also include any other information or fee required by the corporation to be submitted with an application such as disclosure statements, financial statements, and any type of fee.

Board-the board of directors of the Louisiana Lottery Corporation.

Corporation-the Louisiana Lottery Corporation.

Distributor-a permitted business or legal entity that is domiciled in this state and markets, buys, sells, leases, services, or repairs sports wagering mechanisms in this state.

Electronic Sports Wagering-sports wagering via a sports wagering mechanism on the premises of a permitted retail establishment or via a website or mobile application.

Lottery-any game of chance approved by the corporation and operated pursuant to this Chapter and shall not include sports wagering authorized pursuant to this Subtitle.

Major Procurement-any item, product, or service in the amount of one hundred thousand dollars or more, including but not limited to major advertising contracts, annuity contracts, prize products, and services unique to the Louisiana lottery, but not including materials, supplies, equipment, and services common to the ordinary operations of a corporation.

Manufacturer-a permitted person that contracts with an operator to manufacture a self-service sports wagering mechanism.

Mobile Application-an application on a mobile phone or other device through which a player is able to register, fund, and place a wager with an operator on a sports event and receive a credit on their sports wagering account.

Mobile Wagering-wagering on a sports event through a website or mobile application.

Net Gaming Proceeds-the amount equal to the total gross revenue of all sports wagers placed by patrons less the total amount of all winnings paid out to patrons.

Net Proceeds-gross lottery revenues less amounts paid or estimated to be paid as prizes and expenses of operation of the lottery.

Operator Vendor-a permitted person that contracts with an operator to provide products or services related to sports wagering but not including products and services common to the ordinary operations of a corporation.

Patron or Player-an individual who places a wager on a sports event.

Permit-any permit or authorization, or application therefor, issued pursuant to the provisions of this Subtitle.

Permittee-any person who is issued a permit pursuant to the provisions of this Subtitle.

Person-any individual, corporation, partnership, unincorporated association, or other legal entity.

Personnel-permitted employees that directly participate in the conduct and operation of the sports book.

President-the president of the Louisiana Lottery Corporation, who shall also serve as chief executive officer of the corporation.

Retail Establishment-a retail business that is permitted by the corporation to host a sports wagering mechanism.

Retailer-any person with whom the corporation has contracted to sell lottery tickets to the public.

Security-the protection of information that would provide an unfair advantage to any individual involved in the operation of the lottery, protection, and preservation of the integrity of lottery games and operations, as well as measures taken to prevent crimes against the corporation and its retailers.

Sports Book-the offering of sports wagering by a sports wagering platform provider on the premises of a permitted retail establishment or through a sports wagering platform.

Sports Event-any professional sport or athletic event, any collegiate sport or athletic event, any Olympic or international sports competition event, or any other special event or competition of relative skill as authorized by the corporation to be a sports event for purposes of this Chapter. "Sports event" shall not include high school sports, youth events, any international sports events where the majority of the athletes are under the age of eighteen years old, electronic sports, competitive video games, fantasy sports contests as provided in Chapter 6 of Title 27 of the Louisiana Revised Statutes of 1950, and any event prohibited by law.

Sports Wager or Sports Bet-a sum of money or representation of value risked by a player on an occurrence associated with a sports event for which the outcome is uncertain. The term includes but is not limited to singlegame bets, teaser bets, parlay bets, over-under bets, money line bets, pools, exchange wagering, in-game wagering, inplay bets, proposition bets, and straight bets.

Sports Wagering-the acceptance of a wager on a sports event or on a portion of a sports event or on the individual performance or statistics of an athlete or participant in a sports event or a combination of sports events, by any system or method of wagering.

Sports Wagering Account-an electronic financial record established with an operator for an individual patron in which the patron may deposit and withdraw funds for sports wagering and other authorized purchases and to which the operator may credit winnings or other amounts due to that patron or authorized by that patron.

Sports Wagering Mechanism or Kiosk-a corporation approved self-service mechanical, electrical, or computerized terminal, device, apparatus, or piece of equipment that is directly tied to the central system of the sports wagering platform provider approved by and contracting with the corporation, which allows a patron to place a sports wager on premises of a permitted retail establishment. Sports wagering mechanism does not include a personal computer, mobile phone, or other device owned and used by a player to wager on a sports event.

Sports Wagering Platform-an integrated system of hardware, software, or applications, including mobile applications and servers, through which an operator conducts the business of offering sports wagering conducted in accordance with this Subtitle.

Sports Wagering Platform Provider or Operator-a suitable person that holds a permit from the corporation to engage in the operation of a sports book on behalf of the corporation.

Sports Wagering Service Provider-a person that holds a permit from the corporation that contracts with an operator to provide support services for the operation of a sports book.

Supplier-a permitted person that contracts with an operator to provide goods or services related to sports wagering but not including materials, supplies and services common to the ordinary operations of a corporation.

Vendor-any person who has entered into a major procurement contract with the corporation.

La. Admin. Code tit. 42, § XV-1103

Promulgated by the Louisiana Lottery Corporation LR 471880 (12/1/2021).
AUTHORITY NOTE: Promulgated in accordance with R.S. 47:9001 et seq.