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Can you summarize WVCS 179-09-17?
West Virginia Lottery Sports Wagering Rule > Additional reports for online sports pool; reconciliation; test accounts.
Short Summary
This section of the West Virginia Lottery Sports Wagering Rule governs the requirements for generating reports in an online sports pool system. The online sports pool system must be designed to generate reports in a format approved by the Commission’s Finance & Administration and Information Technology divisions. Additional reporting requirements can be approved by the Commission for inclusion in the MICS. All required reports must be generated by the online sports pool system, even if there is no data for the specified period. The reports should indicate all required information and include an indication of ‘No Activity’ if no data is present. The data required by this rule must be available in report image formats as well as database type formats, with the initial approved format being comma separated variables (CSV). The online sports pool system must generate daily reports for each gaming day to calculate taxable revenue or ensure the integrity of operations. Additionally, the sports pool operator and its intermediaries must set up test accounts to test various components and operations of the online sports pool system in accordance with approved internal controls by the Commission.
Whom does it apply to?
Online sports pool operators, sports pool intermediaries
What does it govern?
Online sports pool system, reports, test accounts
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
West Virginia