S.D. Admin. R. 20:18:16:32.01

Current through Register Vol. 50, page 159, June 17, 2024
Section 20:18:16:32.01 - Bad beat pots and pool pots

All bad beat pots and pool pots are promotional. The licensee must post clear and legible rules stating how the promotional funds are to be pulled from the pot and what hand must be beat to constitute a bad beat.

Revenues collected from the pot must be immediately secured by the licensee and maintained in a segregated bank account for the purpose of holding of funds contributed by players until the pot is won. The revenues shall accumulate until won. Pot withdrawals may not be placed in the drop box or commingled with any other gaming revenue.

S.D. Admin. R. 20:18:16:32.01

19 SDR 177, effective 5/27/1993; 47 SDR 137, effective 6/28/2021

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-7, 42-7B-11(13), 42-7B-43.