S.D. Admin. R. 20:18:36.10

Current through Register Vol. 50, page 159, June 17, 2024

Section 20:18:36.10 - Terms and conditions and privacy policies for accounts

All terms and conditions and privacy policies for wagering accounts must be included in the internal controls of the advance deposit wagering licensee and be readily accessible to the account holder before and after registration and noticed when materially updated.

Terms and conditions and privacy policies for accounts must address all aspects of the advance deposit wagering operation, including:

(1) That no underage individuals are permitted to participate in wagering;

(2) Specifications advising account holders to keep their authentication credentials secure;

(3) Processes for dealing with lost authentication credentials, forced password changes, and password strength;

(4) Conditions under which an account is declared inactive and the actions undertaken on the account once this declaration is made;

(5) Actions that will be taken on the account holder's pending wagers placed prior to any exclusion or suspension, the return of all wagers, or settling all wagers, as appropriate;

(6) Information about timeframes and limits regarding deposits to or withdrawals from the account;

(7) That the advance deposit wagering licensee has the right to:

(A) Refuse to establish an account for what it deems good and sufficient reason;

(B) Refuse deposits to or withdrawals from accounts for what it deems good and sufficient reason; and

(C) Unless there is a pending investigation or account holder dispute, suspend or close any account at any time pursuant to the terms and conditions between the licensee and the account holder;

(8) The licensee's personal identifying information protection policy including:

(A) The information required to be collected;

(B) The purpose and legal basis for collection;

(C) The period in which the information is stored, or, if no period can be possibly set, the criteria used to set this;

(D) The conditions allowing disclosure;

(E) That measures are in place to prevent the unauthorized or unnecessary disclosure; and

(F) Any other privacy requirements specified by the commission through internal control procedures.

S.D. Admin. R. 20:18:36.10

48 SDR 014, effective 8/22/2021

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-77, 42-7B-78.