A licensee or sports wagering services provider may place and accept layoff wagers. When placing a layoff wager, the licensee or sports wagering services provider placing a layoff wager shall disclose its identity to the licensee or sports wagering services provider accepting the layoff wager. A licensee or sports wagering services provider may decline to accept a layoff wager in its sole discretion. Layoff wagers must be placed and accepted in accordance with any other internal control procedures prescribed by the commission.
S.D. Admin. R. 20:18:35:17
General Authority: SDCL 42-7B-7, 42-7B-11(13).
Law Implemented: SDCL 42-7B-2.1(1), 42-7B-43.