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Can you summarize SDAR 20:18:35:31?
Requirements of sports wagering operations. > Integrity monitoring -- Personnel and notification.
Short Summary
This provision, part of the Administrative Rules of South Dakota governing the requirements of sports wagering operations, pertains to licensees and sports wagering services providers. It mandates the employment or retention of personnel responsible for ensuring the operation and integrity of sports wagering and reviewing reports of suspicious behavior. The provision requires prompt notification to the commission upon detecting or becoming aware of various activities, including cheating, theft, embezzlement, collusion, money laundering, and other illegal activities by participants in sports wagering. It also requires reporting of suspected criminal activity related to sports wagering, criminal or disciplinary proceedings against the licensee or provider, and sports bets that violate state or federal law. Additionally, a sports wagering services provider must promptly notify affected licensees of any issues impacting the integrity of sports wagering. The source of this provision is 48 SDR 14, effective August 22, 2021, and it is implemented under SDCL 42-7B-2.1(1) and 42-7B-43.
Whom does it apply to?
Licensees and sports wagering services providers
What does it govern?
Integrity monitoring
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Not specified.
Jurisdiction
South Dakota