Can you summarize LAAC Title 42, Part VI, Chapter 5, Section 525?
This document, part of the Louisiana Administrative Code, pertains to the regulation of suspicious wagering activity in the context of sports wagering operations in Louisiana. The document outlines various requirements and procedures that operators must follow to identify and report unusual or suspicious wagering activity. Operators are required to employ systems to identify irregularities in volume or odds that could signal suspicious wagering activities. They must also have internal controls in place to identify unusual wagering activity and report it to an independent integrity monitoring provider or the division.
Can you summarize LAAC Title 42, Part VI, Chapter 7?
This legal document, part of the Louisiana Administrative Code, pertains to the requirements for financial statements and records in the context of sports wagering. It applies to operators and licensees involved in sports wagering in Louisiana. The document mandates that operators maintain accurate, complete, legible, and permanent records of all transactions related to taxable revenue or fees under the Act. These records should follow generally accepted accounting principles and include details such as revenues, expenses, assets, liabilities, journal entries, work papers, financial statements, and any other records required by the division.
Can you summarize LAAC Title 42, Part VI, Chapter 9?
The provided legal document content consists of three sections related to sports wagering in Louisiana. The first section governs the change control processes that licensees offering sports wagering in Louisiana must follow. It requires licensees to submit detailed evaluation procedures for critical updates and obtain certification from an independent testing laboratory. The second section outlines the requirements and standards for computer systems and sports wagering platforms in terms of security. Operators are required to document system malfunctions and deviations, ensure redundancy and modularity for uninterrupted operations, and have a business continuity and disaster recovery plan in place.
Can you summarize LAAC Title 42, Part VI?
The provided legal document content pertains to the regulations governing sports wagering in Louisiana. These regulations are promulgated to facilitate the implementation of the Louisiana Sports Wagering Act and ensure the effective regulation of sports wagering while maintaining the health, welfare, and safety of the public. The regulations define various terms used in the Louisiana Gaming Control Law and the Louisiana Sports Wagering Act, such as ‘applicant’, ‘associated persons’, ‘gaming employee’, ‘gaming supplier’, ’non-gaming supplier’, ‘sports governing body’, and more.
Can you summarize LAAC Title 42, Part VII, Chapter 5, Section 519?
This document governs the advertising and mandatory signage requirements for licensees of fantasy sports contests in Louisiana. It prohibits licensees from advertising fantasy sports contests to individuals who have self-restricted, are excluded, or are otherwise barred from participating in such contests. Advertisements and marketing material must not depict minors, students, schools, or school settings. Licensees are also prohibited from advertising or running promotional activities at primary or secondary schools or sports venues exclusively used for primary or secondary schools.
Can you summarize LAAC Title 42, Part VII?
The provided legal document content pertains to the rules and regulations governing fantasy sports contests in Louisiana. These rules are promulgated to facilitate the implementation of the Louisiana fantasy sports contests act and ensure effective regulation of fantasy sports contests while maintaining the health, welfare, and safety of the public. The document incorporates definitions and terms used in the Louisiana Gaming Control Law and the Louisiana Fantasy Sports Contests Act. It applies to various entities including applicants, associated persons, fantasy sports contest operators, fantasy sports contest operator employees, fantasy sports contest players, gaming employees, gaming suppliers, non-gaming suppliers, key gaming employees, non-key gaming employees, and platform providers.
Can you summarize LAAC Title 42, Part XI, Chapter 24, Section 2407?
This document governs the operation of video draw poker devices in Louisiana. It applies to licensees and employees of a licensee who are responsible for ensuring the proper functioning and compliance of the devices. The document outlines various responsibilities of licensees, including being physically present at the licensed establishment during all hours of operation, preventing access to the gaming area by persons under 18, and supervising employees to ensure compliance with laws and regulations.
Can you summarize LAAC Title 42, Part XI?
The provided legal documents govern various aspects of the video gaming industry in Louisiana. They establish rules for the implementation of the video draw poker devices control law, including application and licensing requirements for video poker establishments. The documents outline the responsibilities of licensees and employees in ensuring compliance with laws and regulations, as well as the reporting obligations for licensees, manufacturers, distributors, device owners, and establishments. They also cover the licensing and security requirements for gaming establishments, background investigations and inspections in the video poker industry, regulation of video draw poker, and enforcement actions by the Louisiana Gaming Control Board.
Can you summarize LAAC Title 42, Part XIII?
The provided legal document content pertains to the issuance and construction of regulations and administrative matters related to riverboat gaming in Louisiana. It defines various terms used in the Louisiana Riverboat Economic Development and Gaming Control Act and the regulations of the Louisiana Riverboat Gaming Commission. The document clarifies the meanings of terms such as ‘Act,’ ‘Administrative Decision,’ ‘Applicant,’ ‘Application,’ ‘Architectural Plans and Specifications,’ ‘Berth,’ ‘Certificate,’ ‘Certificate of Final Approval,’ ‘Certificate of Preliminary Approval,’ ‘Chairman,’ ‘Commission,’ ‘Compliance Ruling,’ ‘Component,’ ‘Condition,’ ‘Day,’ ‘Designated Waterways,’ ‘Division,’ ‘Dock,’ ‘Emergency Order,’ ‘Excursion,’ ‘Gaming Operator,’ ‘Hearing,’ ‘Hearing Officer,’ ‘Holder,’ ‘Inspection,’ ‘License,’ ‘Licensee,’ ‘Meeting,’ ‘Modification,’ ‘Operation,’ ‘Operator’s License,’ ‘Passenger Access Area,’ ‘Permit,’ ‘Permittee,’ ‘Person,’ ‘Riverboat,’ ‘Riverboat Operator,’ ‘Route,’ and ‘Rule or Regulation.
Can you summarize LAAC Title 42, Part XV, Chapter 11, Section 1119?
This legal document pertains to the operator permit for sports wagering in Louisiana. It outlines the requirements and standards that applicants must meet to obtain and maintain an operator permit. The suitability standards provided in the Act and these rules, including R.S. 47:9094, must be met. Additionally, applicants must demonstrate the ability to satisfy the technical and operational standards and requirements set by the corporation. The operator must also contract with multiple distributors and operator vendors to promote economic development.