S.D. Admin. R. 20:18:12.01:14
A licensee, including a manufacturer upon the prior approval by the executive secretary, must maintain cash or cash equivalents in an amount sufficient to protect the licensee's patrons against defaults in gaming debts owed by the licensee.
Each licensee shall maintain the minimum bankroll requirement according to the formula set forth at Article 20:18, Appendix A, § 535.5. The licensee is required to maintain at least 85 percent of the "immediate exposure" calculation in cash which shall be available to the cashier. If at any time the licensees available cash or cash equivalents are less than the amount required by the "immediate exposure" calculation, the licensee must immediately notify the executive secretary of this deficiency. Once a month, the licensee must calculate and retain the documentation for the "thirty-day exposure" calculation. If the licensee shows a cash deficiency based on the "thirty-day exposure" calculation, the licensee must notify the executive secretary. Failure to maintain the minimum bankroll required by this section, or failure to notify the executive secretary of any deficiencies is an unsuitable method of operation and may result in disciplinary action including summary suspension of a license as set forth in chapter 20:18:12.
S.D. Admin. R. 20:18:12.01:14
General Authority: SDCL 42-7B-7.
Law Implemented: SDCL 42-7B-7, 42-7B-11(13).
Article 20:18, Appendix A, § 535.5.