205 Mass. Reg. 6.21

Current through Register 1523, June 7, 2024
Section 6.21 - Account Opening
(1) An association may offer to open for its patrons:
(a) short-term accounts that are operational only for the performance during which they were opened and only at the site where they were opened, whereby wagers are placed by the account holder at a self-service terminal;
(b) long-term accounts that are operational for any performance offered by the association whereby wagers are placed by the account holder at a self-service terminal, in person at the racetrack, or by telephone or other electronic means;
(c) voucher accounts that are operational for any performance offered by the association, whereby wagers are placed by the account holder at any ticket-issuing terminal operated by the association. The patron may choose to credit winning payoffs in cash and may choose to close or cash-in the account at any time.
(2) Upon opening an account, the association shall provide, for each short-term or long-term account holder a confidential account number and password for use by the patron to confirm validity of every account transaction.

205 CMR 6.21