Mich. Admin. Code R. 432.759

Current through Vol. 24-18, October 15, 2024

Section R. 432.759 - Suspension and restoration of internet sports betting accounts

Rule 759.

(1) An internet sports betting platform must employ a mechanism that places an internet sports betting account in a suspended mode under the following conditions:

(a) When requested by the authorized participant for a specified period of time, which must not be less than 72 hours.

(b) When required by the board.

(c) Upon a determination that an authorized participant is a prohibited person.

(d) When initiated by a sports betting operator or internet sports betting platform provider that has evidence that indicates any of the following:

(i) Illegal activity.

(ii) A negative internet sports betting account balance.

(iii) A violation of the internet sports betting account terms and conditions has taken place on an authorized participants internet sports betting account.

(2) When an internet sports betting account is in a suspended mode, the internet sports betting platform must do all of the following:

(a) Prevent the authorized participant from internet sports betting.

(b) Prevent the authorized participant from depositing funds unless the account is suspended due to having a negative internet sports betting account balance but only to the extent the internet sports betting account balance is brought back to zero dollars.

(c) Prevent the authorized participant from withdrawing funds from his or her internet sports betting account, unless the suspended mode was initiated by the authorized participant.

(d) Prevent the authorized participant from making changes to his or her internet sports betting account.

(e) Prevent the removal of the internet sports betting account from the internet sports betting platform.

(f) Prominently display to the authorized participant that the internet sports betting account is in a suspended mode, the restrictions placed on the internet sports betting account, and any further course of action needed to remove the suspended mode.

(3) A suspended account may be restored for any of the following reasons:

(a) Upon expiration of the time period established by the authorized participant.

(b) If authorized by the board.

(c) When the authorized participant is no longer a prohibited person.

(d) When the sports betting operator or internet sports betting platform provider has lifted the suspended status.

Mich. Admin. Code R. 432.759

2020 MR 22, Eff. 12/2/2020