Can you summarize MIAC R 432.654?
This legal document, part of the Michigan Administrative Code, pertains to internet gaming operators and platforms in Michigan. It requires each operator’s website or platform to display a responsible gaming logo that directs authorized participants to the operator’s responsible gaming page. The responsible gaming page must be accessible during an authorized participant session and must include a prominent message providing the Michigan Department of Health and Human Services Gambling Disorder Help-line number.
Can you summarize MIAC R 432.663?
This legal document outlines the requirements for internet gaming operators and internet gaming platform providers regarding internal control standards. Before commencing internet gaming, these entities must submit a detailed written system of internal control to the Michigan Gaming Control Board for review and approval. The written system of internal controls must address various items, including procedures for responding to platform failures, user access controls, segregation of duties, risk management procedures, fraud detection and reporting procedures, prevention of wagering by prohibited persons, exclusion of authorized participants, anti-money laundering compliance standards, approval process for internet games and wagers, procedures for accepting and voiding wagers, recording and reconciliation of transactions, issuance and acceptance of promotional funds, identification and restriction of prohibited persons, closure of dormant accounts, adjustments to wagering accounts, verification of participant’s physical location, security and sharing of personal identifiable information, responsible gaming measures, implementation of a responsible gaming database, secure methods for issuing and modifying account passwords, procedures for handling participant complaints, location and security of internet gaming servers, technical security standards, registration and termination of internet wagering accounts, logging in and authentication procedures, crediting and debiting of accounts, withdrawal procedures, protection of participant’s funds, gross receipts and winnings calculation and recording, security standards for internet gaming equipment, protection against hacking and tampering, prevention of cheating, procedures for emergencies, internal audit function policies, and credit policies.
Can you summarize MIAC R 432.665?
This legal document governs the maintenance of accounting records for internet gaming operators and internet gaming platform providers. It requires them to maintain complete, accurate, and legible records of all transactions related to their internet gaming activities. The records should cover revenues, expenses, assets, liabilities, and equity, and must adhere to generally accepted accounting principles. The document also empowers the board to direct operators and providers to alter their record-keeping methods if they do not comply with accounting principles or lack sufficient detail.
Can you summarize MIAC R 432.671?
This legal document pertains to the establishment and maintenance of a responsible gaming database by the Michigan Gaming Control Board. The responsible gaming database contains a list of individuals who are prohibited from establishing an internet wagering account or participating in internet wagering offered by an internet gaming operator. The executive director has the authority to place an individual’s name in the responsible gaming database for various reasons, including convictions of certain crimes, violations of gaming-related laws, adverse reputation, inclusion in exclusion lists, court orders, requests from gaming operators or platform providers, or any other reason deemed appropriate by the executive director to protect the integrity of internet gaming.
Can you summarize MIAC R 432.673?
(1) The executive director shall provide the internet gaming operator and internet gaming platform provider with information the executive director considers necessary to carry out the purposes of the act and these rules. (2) Internet gaming operators and internet gaming platform providers may only use the information as provided for in the internal controls and as is consistent with the act and these rules. (3) Use of information from the responsible gaming database for a purpose other than what is provided for in the act or these rules may result in disciplinary action by the board against the licensee or a civil fine.
Can you summarize MIAC R 432.674?
This legal document pertains to the establishment and maintenance of a self-exclusion list by internet gaming operators and internet gaming platform providers in accordance with the Michigan Administrative Code. The self-exclusion list is designed to safeguard the confidentiality of information and allows individuals to voluntarily exclude themselves from internet gaming activities. To be added to the self-exclusion list, an individual must submit a completed request through their internet wagering account or another authorized means.
Can you summarize MIAC R 432.732a?
This document outlines the submission and approval process for internet sports betting platforms in Michigan. Internet sports betting platform providers must submit their proposed platforms to the Michigan Gaming Control Board or an approved independent lab for evaluation. The submission must include a comprehensive description of the platform, operating procedures, test results, risk management framework, and other relevant information. All sports betting software used must be designed to allow validation using approved methods.
Can you summarize MIAC R 432.743?
This legal document governs the integrity monitoring and reporting of unusual and suspicious wagering activity in internet sports betting in Michigan. It applies to sports betting operators, internet sports betting platform providers, independent integrity monitoring providers, the Michigan Gaming Control Board, sports governing bodies, and regulatory agencies. The document requires sports betting operators and internet sports betting platform providers to have internal controls in place to identify unusual wagering activity and promptly report it to an independent integrity monitoring provider.
Can you summarize MIAC R 432.752?
These terms and conditions govern internet sports betting accounts and apply to sports betting operators, internet sports betting platform providers, and authorized participants. The document covers various aspects of internet sports betting operations, including the contractual relationship between parties, age and identity verification, rules and obligations for authorized participants, prohibition against account sharing, restrictions on betting outside authorized jurisdictions, consent to monitoring and recording of communications, jurisdiction for dispute resolution, prohibition against using automated software, disclosure of fees and charges, availability of account statements, privacy policies, legal age policy, rules for dormant accounts, right to set responsible gaming limits and self-exclusion, suspension of accounts, actions in case of disconnection, notice of malfunction voiding pays, and estimated time period for fund withdrawal.
Can you summarize MIAC R 432.754?
This document, part of the Michigan Administrative Code, pertains to sports betting operators and internet sports betting platforms in Michigan. It requires each operator’s website or platform to display a responsible gaming logo that directs participants to the operator’s responsible gaming page. The responsible gaming page must be accessible during a participant session and include a message providing the Michigan Department of Health and Human Services Gambling Disorder Help-line number, a direct link to the Michigan Gaming Control Board Compulsive/Problem Gambling website, and a clear statement of the operator’s commitment to responsible gaming.