205 Mass. Reg. 248.01

Current through Register 1523, June 7, 2024
Section 248.01 - General Account Wagering
(1) A Sports Wagering Operator may offer a system of account wagering to its patrons whereby Wagers are debited from and pay outs credited to a sum of money, deposited in a Sports Wagering Account by the patron held by the Sports Wagering Operator.
(2) A Sports Wagering Account may only be established in the name of a patron and is not transferable.
(3) A Person may only place a Wager through a mobile application or other digital platform using funds from a Sports Wagering Account.
(4) No Sports Wagering Operator may charge any fee to maintain or administer any Sports Wagering Account.

205 CMR 248.01

Adopted by Mass Register Issue 1486, eff. 12/22/2022 (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. 9/1/2023.