Ill. Admin. Code tit. 11, § 1900.1150 - Placement of Wagers
a) A
master sports wagering licensee shall not accept any wager on any sports event,
or of any type or kind, unless the type or kind of wager and subject of the
wager has been documented in its internal control system.
b) A master sports wagering licensee shall
always have the right to decline to accept any wager a patron attempts to
place.
c) A master sports wagering
licensee shall only accept wagers placed in United States currency. Sources of
currency accepted by a master sports wagering licensee shall be documented in
its internal control system.
d) A
master sports wagering licensee bears the risk of ACH transfer or check
insufficient funds, credit chargebacks, acceptance of counterfeit currency, or
any other similar incident.
e) When
a wager is placed in person through either a wagering kiosk or cashier, the
patron shall be issued a ticket that meets all requirements of Section
1900.1420.
f) Master sports
wagering licensees shall implement methods and procedures to detect and
document abnormal or suspicious wagering activity. Those methods and procedures
shall be documented in the internal control system.
g) Master sports wagering licensees shall not
offer a loan, credit, or advancement of anything of value to any person to take
part in sports wagering either directly or through a third party, unless the
licensee holds an organization gaming license or owners license and is acting
in accordance with 86 Ill. Adm. Code
3000.1050.
Notes
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