Current through Register Vol. XLI, No. 50, December 13, 2024
Section 179-9-7 - Patron Wagers7.1. A sports pool operator or sports pool intermediary shall not accept any wager on a sports event unless it has provided written notification to the Director of the first time that wagering on a category of wagering event (for example, wagering on a particular type of professional sport) or type of wager (for example an in-play wager or exchange wager) is offered to the public. Such notice shall be submitted prior to accepting a wager on a new category of wagering event or accepting a new type of wager. Notice is not required whenever the odds change on a previously offered wagering event. The Director, or his or her designee, shall respond to such notice within 24 hours or by the next business day. The Director reserves the right to prohibit the acceptance of wagers and may order the cancellation of wagers and require refunds on any event for which wagering would be contrary to the public policies of the State.7.2. A sports pool operator or sports pool intermediary shall only accept wagers on sports events and other events for which:7.2.1. The outcome can be verified;7.2.2. The outcome can be generated by a reliable and independent process;7.2.3. The outcome will not be affected by any wager placed; and7.2.4. The event is conducted in conformity with all applicable laws.7.3. Patron wagers pursuant to the Act placed in a sports wagering lounge or other approved area within a licensed casino shall be made with:7.3.3. Credit or debit card;7.3.4. Promotional funds;7.3.5. Sports pool vouchers;7.3.6. Value gaming chips; and7.3.7. Any other means approved by the Commission.7.4. The available wagers shall be displayed in a manner visible to the public and the operator's close-circuit television system. The display shall include the event number, odds, and a brief description of the event.7.5. A patron may redeem a winning wagering ticket by mail according to the sports pool operator's internal controls.7.6. A sports pool operator may, in its discretion, accept a layoff wager from another licensed sports pool operator. A licensed sports pool operator placing a layoff wager shall disclose its identity to the other licensed sports pool operator accepting the wager.