Mich. Admin. Code R. 432.649

Current through Vol. 24-19, November 1, 2024
Section R. 432.649 - Tournaments/contests and bonus and promotional wagering

Rule 649.

(1) An internet gaming operator or internet gaming platform provider may conduct an internet gaming tournament or contest on an authorized game subject to all of the following:
(a) No internet gaming tournament or contest will be conducted unless the internet gaming operator or internet gaming platform provider, before the first time a tournament or contest type is offered, files written notice with the board of its intent to offer that tournament or contest type. The internet gaming operator or internet gaming platform provider may file a master tournament list with the board to satisfy this requirement.
(b) Each internet gaming operator or internet gaming platform provider must maintain a record of each tournament or contest type it offers, which must address, at a minimum, all of the following:
(i) Internet game type (for example, hold 'em poker).
(ii) Rules concerning tournament or contest play and participation.
(iii)Entry fee amount or amounts per participant.
(iv) Funding source amount or amounts comprising the prize pool (for example, buy-ins, re-buys, or add-ons).
(v) Prize structure on payout.
(vi) Methodology for determining winner or winners.
(2) An internet gaming operator or internet gaming platform provider may conduct internet gaming bonus and promotional wagering offers subject to all of the following:
(a) An internet gaming operator or internet gaming platform provider must maintain a record of all bonus and promotional wagering offers related to internet gaming in an electronic file that is readily available to the board.
(b) All bonus and promotional wagering offers must be stated in clear and unambiguous terms and must be accessible by the authorized participant after the offer is accepted and before completion.
(c) Offer terms and the record of all offers must include all of the following at a minimum:
(i) The date and time the offer is active and expires.
(ii) Authorized participant eligibility, including any limitations on participation.
(iii)Any restriction on withdrawals of funds.
(iv) Wagering requirements and limitations by type of internet game.
(v) The order in which funds are used for internet wagers.
(vi) Eligible internet games.
(vii) Rules regarding cancellation.
(3) An internet gaming platform or internet gaming platform provider must provide a clear and conspicuous method for an authorized participant to cancel his or her participation in a bonus or promotional wagering offer that utilizes restricted gaming credits that cannot be cashed out until a wagering requirement or other restrictions associated with the credits is met. If an authorized participant elects to proceed with cancellation, unrestricted funds remaining in an internet wagering account must be returned according to the terms and conditions.
(4) Once an authorized participant has met the terms of a bonus or promotional wagering offer, an internet gaming operator or internet gaming platform provider must not limit winnings earned while participating in the offer.
(5) Internet gaming operators or internet gaming platform providers may utilize celebrity authorized participants or other authorized participants to participate in peer-to-peer games for advertising or publicity purposes. Such authorized participants may have their internet wagering account funded in whole or in part by an internet gaming operator or internet gaming platform provider.
(6) An internet gaming operator or internet gaming platform provider may pay a fee to the celebrity authorized participant. If a celebrity authorized participant is utilized and the celebrity authorized participant generates winnings that the internet gaming operator or internet gaming platform provider does not permit the celebrity authorized participant to retain, the winnings must be included in gross receipts in a manner approved by the board.

Mich. Admin. Code R. 432.649

2020 MR 22, Eff. 12/2/2020