Section 68 IAC 27-4-1 - Sports wagering integrity; confidential informationAuthority: IC 4-38-3-1
Affected: IC 4-38-9
Sec. 1.
(a) A sports wagering operator shall have internal controls in place to identify unusual betting activity and report such activity to an independent integrity monitoring provider.(b) All independent integrity monitoring providers shall share information with each member and shall disseminate all reports of unusual activity to all member sports wagering operators. All sports wagering operators shall review such reports and notify the independent integrity monitoring provider whether they have experienced similar activity.(c) If an independent integrity monitoring provider finds that previously reported unusual betting activity rises to the level of suspicious wagering activity, it shall immediately notify all other independent integrity monitoring providers, their member sports wagering operators, the division, and all other regulatory agencies as directed by the division. All independent integrity monitoring providers receiving a report under this section shall share such report with their member sports wagering operators.(d) A sports wagering operator must submit a yearly report to the division, which details its integrity monitoring services and summarizes any unusual betting activity or other suspicious wagering activity notifications issued during that time period.(e) A sports wagering operator receiving a report of suspicious wagering activity shall be permitted to suspend wagering on events related to the report, but may cancel only related wagers after receiving approval from the executive director or the executive director's designee.(f) If the division receives a suspicious wagering activity report from an independent integrity monitoring service provider, the division shall notify the relevant sports governing body as expeditiously as possible.(g) The division may require a sports wagering operator to provide any hardware necessary to the division for evaluation of its sports wagering offering or to conduct further monitoring of data provided by its system.(h) All information and data received under this section or this article by the commission related to unusual or suspicious wagering activity shall be considered confidential and shall not be revealed in whole or in part, except upon the lawful order of a court of competent jurisdiction or, with any law enforcement entity, member club, sports governing body, or regulatory agency that the commission deems appropriate.Indiana Gaming Commission; 68 IAC 27-4-1; filed 6/25/2021, 2:59 p.m.: 20210721-IR-068200420FRA