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Can you summarize Nevada GCCB Operation of Interactive Gaming?
Regulation 5A > Operation of Interactive Gaming
Short Summary
Regulation 5A governs the operation of interactive gaming in the state of Nevada. It applies to operators of interactive gaming, authorized players, and interactive gaming service providers. The regulation defines various terms and clarifies that poker is not considered a banking game for the purpose of interactive gaming. It sets requirements for operators, including the need for a specific license, payment of license fees, approval of interactive gaming systems, and implementation of comprehensive house rules. The regulation also addresses the registration process for authorized players, including the verification of provided information. It establishes requirements for the maintenance of cash reserves and the prevention of money laundering and fraud. The document emphasizes the need for operators to be truthful and non-deceptive in their advertising and promotions. It also outlines procedures for dispute resolution and provides the authority for the Commission to take disciplinary actions or issue interlocutory stop orders. Additionally, the regulation covers the operation of interactive gaming service providers, requiring them to hold a license and comply with certain provisions. Overall, the regulation aims to ensure the fair and secure operation of interactive gaming in compliance with local, state, and federal laws.
Whom does it apply to?
Operators of interactive gaming, authorized players, and interactive gaming service providers
What does it govern?
The operation of interactive gaming
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
Nevada