Can you summarize ORAR 177-090?
These legal documents cover various aspects of the SPORTS ACTION game offered by the Oregon State Lottery. They govern the determination of winners based on point spreads and final outcomes, the cost of tickets, the prize pool and determination of prizes, payment of prizes, game cancellation, postponement, or termination procedures, ticket purchase characteristics and restrictions, prizes offered, cancellation of game tickets, definitions of key terms, and purchasing of tickets. The documents apply to players of the SPORTS ACTION game and are implemented under the authority of the Oregon Constitution and Oregon Revised Statutes.
Can you summarize ORAR 177-092-0030?
This document governs the price to purchase a share in Scoreboard, which is the amount the player chooses to bet. The Lottery reserves the right to impose minimum and maximum limits on the bet amount or prize amount based on various factors. The bet amount may not exceed the player balance, which is further limited by the player’s deposit limit and any limits set by the financial institution. The player may establish personal deposit, bet, or loss limits using responsible gaming tools.
Can you summarize ORAR 177-092?
These rules establish Scoreboard as a sports betting game authorized by the Oregon State Lottery Commission. It provides definitions for terms related to the operation of Scoreboard and references other Oregon Administrative Rules and statutes that govern the operation of Scoreboard. Eligible players can purchase shares and place bets on sporting events digitally. The odds and prizes associated with each bet amount are disclosed to the player before placing the bet.
Can you summarize ORAR 177-093-0025?
This document governs the price to purchase a share in the Lottery’s digital sports betting game. It applies to players of the game and sets limitations on the bet amount or prize amount that can be chosen by the player. The Lottery reserves the right to impose minimum and maximum limits based on factors such as the sport, odds, risk, and related factors. The bet amount cannot exceed the player balance, and the Lottery does not extend credit to players.
Can you summarize ORAR 177-093-0040?
This document governs the number and value of prizes for the DraftKings Sportsbook sports betting game. The Lottery does not predetermine the number and value of prizes, as it varies based on the outcome of events and player selections. The possible payout amount for any winning bet is digitally displayed to the player on the bet slip before confirmation, based on the selected bet amount and associated odds. The actual payout may differ in the case of ties, draws, or pushes, depending on the specific terms of the bet.
Can you summarize ORAR 177-100?
This document governs the duties of manufacturers in relation to Video Lottery Terminals. It applies to manufacturers, their employees, representatives, and agents. The document requires manufacturers to promptly report any violation or potential violation of ORS Chapter 461 or the associated rules to the Oregon State Lottery. Manufacturers are also required to provide immediate access to records and premises for inspection by the Lottery or its auditors. Additionally, manufacturers must refrain from conducting false or misleading advertising or promotional activities regarding Video Lottery games in Oregon.
Can you summarize ORAR 309-018-0165?
This document governs the provision of residential problem gambling treatment services. It applies to providers of these services. The services include group, individual, and family treatment sessions that address the challenges of individuals and their families related to problem gambling behavior. Providers may offer telephone counseling under certain conditions, ensuring privacy and informed consent. Family counseling is also included, even if the problem gambler is unwilling or unavailable for services. The document requires a financial assessment and a financial component in the service plan.
Can you summarize ORAR 441-135?
The provided legal document, governed by the Oregon Administrative Rules, addresses the issue of fraud and deceit in relation to securities or securities business. It prohibits the use of false or misleading certifications or professional designations in connection with the offer, sale, or purchase of securities, or the provision of advice related to securities. The rule covers activities such as using certifications or designations that have not been earned, using nonexistent or self-conferred certifications, or using certifications that falsely imply specialized knowledge.
Can you summarize ORAR 441-205-0120?
This document governs the transmission or maintenance of payments received in connection with underwritings. It applies to broker-dealers participating in any distribution of securities, except for firm commitment underwritings. The document states that it is considered a fraudulent, deceptive, or manipulative act or practice for a broker-dealer to accept any part of the sale price of a security being distributed unless certain conditions are met. These conditions include promptly transmitting the money or consideration received to the entitled persons, or if the distribution is made on certain bases, promptly depositing the funds in a separate bank account as agent or trustee, or transmitting all funds to an escrow agent.
Can you summarize ORAR 441-205?
This legal document, part of the Oregon Administrative Rules under the Department of Consumer and Business Services, Finance and Securities Regulation, pertains to the denial, suspension, or revocation of licenses for broker-dealers and customers in the state of Oregon. It defines the terms ‘Manipulative, Deceptive, or Fraudulent Device or Contrivance’ and ‘Fraudulent, Deceptive, or Manipulative Act or Practice’ to include various acts, practices, or courses of business that operate or would operate as fraud or deceit upon any person.