Ask Reggi Your Question Now
Can you summarize 68 INAC 27-12-4?
Sports Wagering Accounts > Account requirements
Short Summary
This document, governed by the Indiana Administrative Code, specifically under the Indiana Gaming Commission’s regulations on sports wagering, outlines the requirements for sports wagering operators to establish sports wagering accounts. The operators are required to create an electronic patron file containing various information such as the patron’s legal name, date of birth, Social Security number or equivalent identification number, residential address, and more. The document also emphasizes the encryption of sensitive information, verification of patron’s identity through reliable forms of personal identification or remote multisource authentication, and recording of necessary details. Additionally, it mandates the establishment of passwords or access security features, patron’s certification of accurate information, acknowledgment of legal age and prohibition of account sharing, notification of account establishment, acceptance of terms and conditions, provision of account statements, privacy policies, and rules for responsible gaming. The document also highlights the patron’s rights to set limits, self-exclude, and suspend the account. Any changes to the terms and conditions must be acknowledged by the patron. Overall, this document ensures the proper establishment and management of sports wagering accounts by operators in compliance with the specified requirements.
Whom does it apply to?
Sports wagering operators
What does it govern?
Establishing sports wagering accounts
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Not specified.
Jurisdiction
Indiana