Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 4 - AUTHORIZED PARTICIPANT WAGERS › Section R. 432.743 - Integrity monitoring/suspicious behavior

Current through Vol. 24-12, July 15, 2024
Rule 743.
(1) A
				  sports betting operator or internet sports betting platform provider must have
				  internal controls in place to identify unusual wagering activity and promptly
				  report that activity to an independent integrity monitoring provider.
(2) All independent integrity monitoring
				  providers must share information with each other and must disseminate all
				  reports of unusual wagering activity to all member sports betting operators and
				  internet sports betting platform providers. All sports betting operators and
				  internet sports betting platform providers must review these reports and notify
				  the independent integrity monitoring provider whether they have experienced
				  similar activity.
(3) If an
				  independent integrity monitoring provider finds that previously reported
				  unusual wagering activity rises to the level of suspicious wagering activity,
				  it must immediately notify all other independent integrity monitoring
				  providers, its member sports betting operators and internet sports betting
				  platform providers, the board, the appropriate sports governing body, and all
				  other regulatory agencies as directed by the board. All independent integrity
				  monitoring providers receiving a report under this subrule must share such
				  report with their member sports betting operators and internet sports betting
				  platform providers.
(4) A sports
				  betting operator or internet sports betting platform provider receiving a
				  report of suspicious wagering activity must be permitted to suspend wagering on
				  events or wager types related to the report, but may only cancel internet
				  sports betting wagers related to the report after receiving approval from the
				  board.
(5) The board may require a
				  sports betting operator or internet sports betting platform provider to provide
				  any hardware or software necessary to the board, or to an independent lab
				  approved by the board, for evaluation of its internet sports betting offering
				  or to conduct further monitoring of data provided by its internet sports
				  betting platform.
(6) A sports
				  betting operator or internet sports betting platform provider must maintain
				  records of all integrity monitoring services and activities, including all
				  reports of unusual or suspicious wagering activity and any supporting
				  documentation, for a minimum of 5 years and must provide such records to the
				  board on request.
(7) If the board
				  receives information regarding the integrity of events on which internet sports
				  betting wagers are made, the board may, to the extent allowed or provided for
				  in the act and these rules, share such information with a sports betting
				  operator, internet sports betting platform provider, independent integrity
				  monitoring provider, sports governing body, sports team, law enforcement
				  entity, regulatory agency, or other person the board considers
				  appropriate.
(8) An independent
				  integrity monitoring provider must register as a vendor with the board before
				  providing integrity monitoring services to a sports betting operator or
				  internet sports betting platform provider under the act and these
				  rules.
(9) An independent integrity
				  monitoring provider must maintain records of all integrity monitoring services
				  and activities relating directly or indirectly to Michigan internet sports
				  betting, sports betting operators, or internet sports betting platform
				  providers for a minimum of 5 years and must provide the board with access to
				  these records in a manner approved by the board. These records must include, at
				  a minimum:
(a) All reports of unusual
				  wagering activity.
(b) If the
				  activity was determined to be suspicious wagering activity.
(c) The actions taken by the independent
				  integrity monitoring provider.