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Can you summarize 11 ILAC 1900.1240?
CONDUCT OF ONLINE WAGERING > Account Suspension
Short Summary
This legal document governs the suspension of sports wagering accounts in online sports wagering. It applies to internet wagering systems and master sports wagering licensees. The document outlines the circumstances under which a sports wagering account may be suspended, including during investigations, when a patron is prohibited from placing wagers, when there is a negative account balance, or when there is reasonable suspicion of illegal or suspicious activity. The document also specifies the actions that must be taken by the internet wagering system when an account is suspended, such as preventing wagering, depositing funds (except for remedying a negative balance), withdrawing or transferring funds (except for prohibited persons), making changes to account information, and closing the account. Additionally, it requires the master sports wagering licensee to notify the patron by email of the suspension and provide information on the restrictions and any necessary actions to remove the suspension. The suspension can only be lifted by order of the Administrator, if the patron is no longer prohibited, or if any negative balance has been remedied.
Whom does it apply to?
Internet wagering systems and master sports wagering licensees
What does it govern?
Account suspension in online sports wagering
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Illinois