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Can you summarize MIAC R. 432.711 - R. 432.776?
Michigan Gaming Control Board > Internet Sports Betting
Short Summary
These legal documents govern internet sports betting in Michigan under the lawful sports betting act, 2019 PA 149. They define terms and concepts related to internet sports betting, outline the roles and entities involved, and establish the responsibilities of the Michigan Gaming Control Board. Non-compliance or violation of the act and rules may result in penalties such as license revocation, suspension, or fines. The documents also cover licensing, notification requirements, transfer of ownership interest, occupational licensing, vendor registration, and license renewal for sports betting operators and suppliers. They specify reporting requirements, standards, and criteria for operators and suppliers, as well as the process for requesting a hearing. The documents also address geofence requirements, technical standards, data logging, self-authentication, change control, integrity and security assessment, test accounts, and submission and approval processes for internet sports betting platforms. They govern authorized participant complaints, compliance with the bank secrecy act, integrity monitoring, use of data sources, prevention of negative balances, adoption of house rules, and conduct of tournaments, contests, advertising, and loyalty programs. The documents also cover the use of internet sports betting accounts, internal controls, responsible gaming database, and self-exclusion lists. They establish limitations, requirements, and procedures for account integration, internal controls, audits, and compliance reports. The responsible gaming database includes individuals prohibited from participating in internet sports betting, and the self-exclusion list allows individuals to voluntarily exclude themselves. The documents outline the process for inclusion, removal, and hearing requests related to the responsible gaming database and self-exclusion list. Sports betting operators and platform providers have a duty to prevent prohibited persons from participating, and violations may result in account suspension or closure. Overall, these documents aim to ensure the integrity of internet sports betting operations and compliance with regulations in Michigan.
Whom does it apply to?
Michigan Gaming Control Board, sports betting operators, internet sports betting platform providers, independent integrity monitoring providers, sports governing bodies, regulatory agencies
What does it govern?
Internet sports betting in Michigan
What are exemptions?
No specific exemptions are mentioned in these documents.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Michigan