13 Miss. Code. R. 9-3.1

Current through January 14, 2025
Rule 13-9-3.1 - Reserve Requirements
(a) Notwithstanding the minimum bankroll required of licensed gaming operators, each book shall comply with the following to calculate additional minimum reserve requirements specifically for the book:
1. Each book shall at all times maintain access to a cash reserve of not less than the greater of $50,000 or the sum of the following amounts:
i. Amounts held by the book for the account of patrons;
ii. Aggregate amounts accepted by the book as wagers on contingencies whose outcomes have not been determined; and
iii. Amounts owed but unpaid by the book on winning wagers through the period established by the book for honoring winning wagers.

13 Miss. Code. R. 9-3.1

Miss. Code Ann. §§ 75-76-45 and 75-76-89.
Adopted 7/22/2018