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Can you summarize 42 LAAC Part VI Chapter 5 Section 503?
Rules; Operations > Sports Wagering Platforms; Identification of Licensee; Duties of Licensee and Operators
Short Summary
This document, part of the Louisiana Administrative Code, pertains to the regulation of sports wagering platforms in Louisiana. It outlines the duties and responsibilities of operators and licensees of these platforms. The document requires sports wagering platforms to identify the operator and licensee, provide terms and conditions and a privacy policy to players, comply with applicable laws and regulations, establish procedures for secure account management, offer player access to account details and play history, prevent tampering with sports wagering equipment, establish procedures for handling player complaints, and ensure player participation is terminated after inactivity timeout. The document also allows the board to determine cooperation with sports governing bodies’ investigations and sets confidentiality requirements for shared information. Overall, the document aims to ensure the protection of players and the integrity of sports wagering operations in Louisiana.
Whom does it apply to?
Operators and licensees of sports wagering platforms in Louisiana
What does it govern?
Sports Wagering Platforms; Identification of Licensee; Duties of Licensee and Operators
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Penalties are not specified in the provided document.
Jurisdiction
Louisiana