Section 238.30 - Acceptance of Sports WagersA system of Internal Controls submitted by a Sports Wagering Operator in accordance with 205 CMR 238.02 shall include procedures relative to the Sporting Events and their Wager categories offered for Sports Wagering pursuant to 205 CMR 247.00: Uniform Standards of Sports Wagering. Such procedures shall include the following:
(1) The adoption, maintenance and updating of House Rules;(2) Processes for submitting or receiving approval for Sporting Events and Wager categories;(3) Descriptions of the processes for accepting Wagers and issuing payouts, plus any additional controls for accepting Wagers and issuing payouts in excess of $10,000;(4) Descriptions of the processes for accepting multiple Wagers from one patron in a 24-hour cycle, including the process to identify structuring of Wagers to circumvent recording and reporting requirements;(5) Identification of all data sources used in a Sports Wager determination;(6) Description of the processes for line setting and line moving;(7) Procedures to review the completeness, accuracy, reliability, timeliness, and availability of any data feeds used to offer or settle Sports Wagers;(8) Processes for submitting or receiving approval for Sports Wagering tournaments, contests, or pools;(9) Procedures for issuance and acceptance of promotional gaming credits for Sports Wagering; and(10) Procedures to identify a Wager or an attempt to Wager above any maximum Wager threshold set by the Sports Wagering Operator that qualifies as unusual or suspicious Wagering.Adopted by Mass Register Issue 1486, eff. 12/21/2022 (EMERGENCY).Amended by Mass Register Issue 1492, eff. 3/9/2023 (EMERGENCY).Amended by Mass Register Issue 1494, eff. 3/9/2023 (COMPLIANCE).Amended by Mass Register Issue 1498, eff. 6/7/2023 (EMERGENCY).Amended by Mass Register Issue 1503, eff. 6/7/2023 (COMPLIANCE).