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Can you summarize 68 INAC 27-12-4?
Sports Wagering Accounts > Account requirements Authority: IC 4-38-3-1 Affected: IC 4-38
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 government issued identification credentials. Additionally, the operators must ensure the patron’s acceptance of terms and conditions, including rules and obligations, privacy policies, responsible gaming limits, and jurisdiction for dispute resolution. The document further highlights the patron’s right to receive account statements, set gaming limits, self-exclude, and suspend the account. The establishment of the account must be notified to the patron via electronic or regular mail. Overall, this document sets the guidelines for sports wagering operators to establish and manage sports wagering accounts in compliance with the Indiana Gaming Commission’s regulations.
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