S.D. Admin. R. 20:18:36.01

Current through Register Vol. 51, page 67, December 16, 2024

Section 20:18:36.01 - Definitions

As used in this chapter:

(1) "Account" or "wagering account" means a ledger for advance deposit wagering with a specific identifiable record of deposits, wagers, and withdrawals established by an account holder and managed by an advance deposit wagering licensee. The term does not include an account used solely to track promotional points, credits, or similar benefits issued to an individual which may be redeemed for merchandise or services;

(2) "Account application" means the form or forms and other required submissions received from an applicant intending to open an account;

(3) "Account holder" an individual who successfully completes an application and for whom an advance deposit wagering licensee has opened an account;

(4) "Advance deposit wagering licensee" means a licensed operator, route operator, or sports wagering services provider who manages wagering accounts in which an eligible individual may deposit money into an account and use the balance to pay for bets as allowed and regulated by the commission;

(5) "Confidential account information" means:

(A) The amount of money credited to, debited from, withdrawn from, or present in any particular account holder's account;

(B) The amount wagered by a particular account holder on any event or game or series of events or games;

(C) The unique account ID or username and authentication credentials of a particular account holder;

(D) The identities of the particular events or games on which the account holder is wagering or has wagered; and

(E) Unless otherwise authorized by the account holder the disclosure of the name, address, and other information in the possession of an advance deposit wagering licensee that identifies the account holder to anyone other than a representative of the commission;

(6) "Credits" mean all positive inflows of money to an account;

(7) "Debits" mean all negative outflows of money from an account;

(8) "Deposit" means a payment of money by an account holder to the account holder's account;

(9) "Location detection process" means a process to reasonably detect the location of an account holder when the account holder is attempting to access the system and place an advance deposit wager;

(10) "Principal residence address" means the place where the individual submitting an application for an account resides at least 50 percent of the time during the calendar year;

(11) "Proper identification" means a form of identification accepted in the normal course of business establishing the identity of a person;

(12) "Secure personal identification code" means an alpha-numeric character code chosen by an account holder as a means of verification that a wager or account transaction is authorized by the account holder;

(13) "Suspended account" means a wagering account that has been temporarily disabled from engaging in wagering activity;

(14) "Withdrawal" means a payment of money from an account to the account holder when properly requested by the account holder.

S.D. Admin. R. 20:18:36.01

48 SDR 014, effective 8/22/2021

General Authority: SDCL 42-7B-7, 42-7B-11(13).

Law Implemented: SDCL 42-7B-4(2).