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Can you summarize 9 NYCRR 5329.26?
Sports Wagering > Duties to report.
Short Summary
This legal document outlines the duties to report for operators, employees of operators, sports pool vendors, and employees of sports pool vendors in the context of casino gaming and sports wagering. The document specifies various situations where reporting is required, including dishonest or unlawful acts affecting wagers or sports events, offers or promises of bribes or requests for improper acts, suspicious activity, compromised sports event integrity, and money laundering or fraudulent transactions. Operators are also required to report suspicious betting activity or suspicious wagers. The document emphasizes the prompt reporting of such incidents to the New York State Gaming Commission. Failure to report may result in penalties and other actions by the commission. The document does not mention any exemptions or exceptions to these reporting duties. Operators are also required to retain copies of reports and supporting documentation for a period of five years.
Whom does it apply to?
Operators, employees of operators, sports pool vendors, and employees of sports pool vendors
What does it govern?
Duties to report
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Penalties and other actions may be taken by the commission for failure to report
Jurisdiction
New York