Section R. 432.768 - Write-offs/amounts returned/disputed credit or debit chargesRule 768.
(1) A sports betting operator shall not receive a deduction from gross sports betting receipts unless written approval is granted by the board for the following: (a) Amounts returned to an authorized participant because of a game, platform, or system malfunction or because the internet sports betting wager must be voided because of concerns regarding integrity of the wager or game that were previously included in the computation of gross sports betting receipts.(b) Uncollectible markers or successfully disputed credit or debit card charges that were previously included in the computation of gross sports betting receipts. Discretionary write-offs by the sports betting operator do not constitute an uncollectible marker.(2) A sports betting operator must submit for board review and approval a written request, including all supporting documentation, of the deductions it would like to take against gross sports betting receipts.Mich. Admin. Code R. 432.768
2020 MR 22, Eff. 12/2/2020