S.D. Admin. R. 20:18:17:24

Current through Register Vol. 51, page 57, November 12, 2024
Section 20:18:17:24 - Progressive slot machines defined

A progressive slot machine is a slot machine with a payoff that increases as the slot machine is played. The awarding of this payoff shall be directly tied to a winning combination on the pay table of the machine. The initial amount of a progressive jackpot must begin at or above the top award for that particular slot machine software program. A mystery progressive slot machine operates similarly to a progressive slot machine except the awarding of the payoff is not tied to a winning combination on the pay table.

A progressive jackpot may be transferred to another progressive slot machine at the same location in the event of slot machine malfunction or replacement or for other good reason. When the maximum jackpot limit is reached, it must be permitted to remain until it is won by a player.

Records must be maintained that record the amount shown on a progressive jackpot meter. Supporting documents must be maintained to explain any reduction in the payoff amount from a previous entry. The records and documents must be retained for a period of three years unless permission to destroy them earlier is given by the executive secretary in writing. A progressive slot machine, upon written permission by the executive secretary, may be moved to a different licensed location if a bankruptcy, loss of license, or other good cause warrants.

The slot machine must be linked to a meter showing the payoff which is visible to all players who are playing a machine which may potentially win the progressive amount. This meter is the progressive meter. When a licensee offers a progressive jackpot as part of the slot machine payout, the amount of the payout may not be included in the theoretical payout percentage for purposes of satisfying the minimum payout requirements as specified in § 20:18:17:22.

S.D. Admin. R. 20:18:17:24

16 SDR 57, effective 10/1/1989; 16 SDR 233, effective 7/1/1990; 19 SDR 195, effective 6/21/1993; 27 SDR 53, effective 12/4/2000; 29 SDR 107, effective 2/2/2003; 40 SDR 121, effective 1/6/2014.

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-4(21), 42-7B-7, 42-7B-11(13).