reglab/statecodes huggingface dataset:
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.523 - Fees, fines, taxes, payments, and assessments

Current through Vol. 24-12, July 15, 2024
Rule 523.
(1) All
				  fees, fines, taxes, payments, and assessments provided for under the act and
				  these rules must be timely submitted to the board by a payment method
				  acceptable to the board, which includes, but is not limited to, a certified
				  check, cashier's check, money order made payable to "State of Michigan," or
				  electronic transfer of funds.
(2)
				  The following initial license fees must be submitted to the board, together
				  with the required license application, by an applicant for an initial license
				  under the act and these rules:
(a) Fantasy
				  contest operator initial license fee: $10,000.00.
(b) Management company initial license fee:
				  $5,000.00.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.524 - Deposit of fees, fines, taxes, payments, and assessments

Current through Vol. 24-12, July 15, 2024
Rule 524. Except as provided in section 14(4) of the act,
					 MCL 432.514, all fees, fines, taxes,
					 payments, and assessments imposed by this state under the act and these rules
					 must be deposited into the fantasy contest fund created under section 16 of the
					 act, MCL 432.516.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.525 - Investigation process for applicants

Current through Vol. 24-12, July 15, 2024
Rule 525. The board shall conduct a background
					 investigation on an applicant. The board shall also use the information
					 provided in the application and disclosure form or forms as a basis for a
					 background investigation and to evaluate and determine the eligibility and
					 suitability of the applicant to receive a fantasy contest operator license or
					 management company license under the licensing standards and criteria provided
					 in the act and these rules. A misrepresentation or omission in the application
					 may be cause for the denial, suspension, restriction, or revocation of a
					 fantasy contest operator license or management company license by the
					 board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.525a - Persons required to be found eligible and suitable

Current through Vol. 24-12, July 15, 2024
Rule 525a.
(1) The
				  board shall not issue or renew a fantasy contest operator license or management
				  company license unless every person required by the act and these rules as part
				  of the application for issuance or renewal of the license has first been
				  determined by the board to be eligible and suitable in accordance with the
				  relevant licensing standards set forth in the act and these rules.
(2) Unless otherwise prescribed by the board,
				  the following persons are required to be found eligible and suitable as part of
				  the application for the issuance or request for renewal of a fantasy contest
				  operator license or management company license:
(a) A person that is required to apply for a
				  fantasy contest operator license or management company license under the act
				  and these rules.
(b) A person that
				  is a key person.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.525b - License issuance by the board; standards and criteria

Current through Vol. 24-12, July 15, 2024
Rule 525b.
(1)
				  Except to the extent the board may require different or additional procedures,
				  an applicant for a fantasy contest operator license or management company
				  license is subject to all of the following before licensing:
(a) Application.
(b) Background investigation.
(c) Action and decision by the board on the
				  application.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.525c - Provisional licenses

Current through Vol. 24-12, July 15, 2024
Rule 525c.
(1)
				  Upon written request of a person applying for a fantasy contest operator
				  license or management company license, the executive director may issue a
				  provisional license to the applicant and allow the applicant to conduct
				  business for which a license is required under the act and these rules, if all
				  of the following conditions are met:
(a) A
				  completed application, an initial license fee, and all required disclosure
				  forms and other required written documentation and materials have been
				  submitted by the applicant.
(b)
				  Preliminary review of the application and a criminal history check does not
				  reveal that the applicant or the applicant's affiliates or key persons have
				  been convicted of a felony or misdemeanor involving gambling, theft,
				  dishonesty, or fraud or may otherwise be ineligible or unsuitable to allow for
				  licensure under the act or these rules.
(c) There is no other apparent deficiency in
				  the application that may require denial of the application.
(d) If the person is an applicant for a
				  management company license, the applicant has a letter of intent to manage the
				  day-to-day fantasy contest operations of a fantasy contest operator or the
				  applicant shows good cause for being granted a provisional license.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.526 - Denials

Current through Vol. 24-12, July 15, 2024
Rule 526.
(1) If
				  the board denies the application for a license, it will direct the executive
				  director to issue a notice of denial.
(2) An applicant that is served with a notice
				  of denial under these rules may request a contested case hearing as set forth
				  in these rules.
(3) The notice of
				  denial is a finding that the person is ineligible or unsuitable for licensure
				  or is otherwise in violation of the licensing requirements of the act or these
				  rules. When the board denies an application for a license, the person is
				  prohibited from conducting business that would otherwise require
				  licensure.
(4) A person whose
				  application for a license has been denied may not reapply for a period of 1
				  year from the date on which the board voted to deny the application unless
				  otherwise approved by the board.
(5) A person whose application for a license
				  was denied may seek leave of the board to reapply within the 1-year period by
				  addressing the request to the board. The board may require the person to
				  present an oral or written argument outlining why an exception should be
				  made.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.527 - Renewal of a license

Current through Vol. 24-12, July 15, 2024
Rule 527.
(1) A
				  fantasy contest operator license or management company license when issued is
				  valid for 1 year.
(2) A fantasy
				  contest operator licensee or management company licensee shall renew its
				  license every year after receiving its initial license if it intends to
				  continue conducting business for which the license is required.
(3) To renew a license, a fantasy contest
				  operator licensee or management company licensee must, at least 30 days before
				  expiration of its license, submit the annual license renewal fee and
				  application in the manner and form required by the board.
(4) If the board denies the application for
				  renewal, it will direct the executive director to issue the licensee a notice
				  of nonrenewal.
(5) A fantasy
				  contest operator licensee or management company licensee who is served with a
				  notice of nonrenewal under this rule may request a contested case hearing as
				  set forth in these rules.
(6) The
				  notice of nonrenewal is a finding that the fantasy contest operator licensee or
				  management company licensee is ineligible or unsuitable for licensure or is
				  otherwise in violation of the licensing requirements of the act or these rules.
				  When the board denies an application for renewal, the person is prohibited from
				  conducting business that would otherwise require licensure.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.528 - Application explained; applicant to demonstrate eligibility and suitability

Current through Vol. 24-12, July 15, 2024
Rule 528.
(1) An
				  application for a license under the act and these rules is a request by the
				  applicant seeking a revocable privilege. A license must be granted by the board
				  if the applicant meets the licensing requirements of the act and these
				  rules.
(2) An applicant for a
				  license under the act and these rules, at all times, has the burden of
				  demonstrating to the board, by clear and convincing evidence, that the
				  applicant is eligible and suitable to be granted and retain the license for
				  which application is made under the applicable licensing standards and
				  requirements of the act and these rules.
(3) A license issued by the board under the
				  act and these rules is a revocable privilege granted by the board. A person
				  that holds a license does not acquire, and must not be considered to have
				  acquired, a vested property right or other right in the license.
(4) An applicant or licensee must accept any
				  risk of adverse publicity, public notice, notoriety, embarrassment, criticism,
				  financial loss, or other unfavorable or harmful consequences that may occur in
				  connection with, or as a result of, the application and licensing process or
				  the public disclosure of information submitted to the board with a license
				  application or at the board's request under the act and these rules.
(5) An applicant or licensee may claim any
				  privilege afforded by the constitution of the United States, federal law, or
				  the laws of this state in refusing to answer questions or provide information
				  requested by the board. However, a claim of privilege with respect to any
				  testimony or evidence pertaining to the eligibility or suitability of an
				  applicant or licensee to be granted or hold a license under the act and these
				  rules may constitute cause for denial, suspension, revocation, or restriction
				  of the license.
(6) An applicant
				  and licensee have a continuing duty to do both of the following:
(a) Notify the board of a material change in
				  the information submitted in the license application submitted by the applicant
				  or licensee or a change in circumstance that may render the applicant or
				  licensee ineligible or unsuitable to hold the license under the licensing
				  standards and requirements of the act and these rules.
(b) Maintain the applicant's or licensee's
				  eligibility and suitability to be issued and hold the license held or applied
				  for under the act and these rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.528a - Duty to disclose violations

Current through Vol. 24-12, July 15, 2024
Rule 528a. A fantasy contest operator or licensed
					 management company must immediately notify the board, in writing, if it becomes
					 aware that a fantasy contest operator, licensed management company, or
					 third-party provider involved in its fantasy contest operations under the act
					 has acted contrary to the act or these rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 2 - LICENSING › Section R. 432.528b - Contracts

Current through Vol. 24-12, July 15, 2024
Rule 528b. A fantasy contest operator must maintain all
					 contracts that relate to its Michigan fantasy contest operations for 3 years
					 following their expiration. The board must be allowed access to any contract
					 entered into by a fantasy contest operator upon demand. The fantasy contest
					 operator may be required by the board to promptly submit copies of any contract
					 upon request of the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.531 - Fantasy contests and athletic events

Current through Vol. 24-12, July 15, 2024
Rule 531.
(1) A
				  fantasy contest operator or licensed management company may only offer or
				  conduct a fantasy contest that meets all of the conditions established in
				  section 2(d) of the act, MCL
				  432.502. A fantasy contest
				  platform must be designed to prevent all of the following:
(a) A fantasy contest player from submitting
				  a fantasy contest team composed of the entire roster of a real-world sports
				  team.
(b) A fantasy contest player
				  from submitting a fantasy contest team composed entirely of individual athletes
				  who are members of the same real-world sports team.
(c) A fantasy contest player from submitting
				  a fantasy contest team composed of a single athlete.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532 - Conduct of fantasy contests

Current through Vol. 24-12, July 15, 2024
Rule 532.
(1)
				  Available fantasy contests must be clearly displayed on the fantasy contest
				  operator's or licensed management company's fantasy contest platform. A fantasy
				  contest operator or licensed management company shall not accept fantasy
				  contest entries for a fantasy contest unless the fantasy contest is clearly
				  displayed on the fantasy contest operator's or licensed management company's
				  fantasy contest platform. For fantasy contests that are open only to certain
				  fantasy contest players, a fantasy contest operator or licensed management
				  company may display the fantasy contests only to fantasy contest players to
				  which the fantasy contests are open.
(2) A fantasy contest operator or licensed
				  management company shall not offer a fantasy contest that is designed, in whole
				  or in part, to ensure that any specific fantasy contest player or players will
				  win a prize or award, unless the fantasy contest or the prize or award, or
				  both, is offered in connection with a promotion conducted in accordance with
				  these rules.
(3) A fantasy contest
				  operator or licensed management company must establish the maximum number of
				  entries a single fantasy contest player may enter in each fantasy contest,
				  subject to both of the following:
(a) The
				  maximum number of entries for a given fantasy contest must be the same for all
				  fantasy contest players.
(b) A
				  fantasy contest operator or licensed management company must clearly and
				  conspicuously notify a fantasy contest player of the maximum number of entries
				  for a fantasy contest before the fantasy contest player pays an entry fee or
				  otherwise enters or participates in the fantasy contest.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532a - Beginning players and highly experienced players

Current through Vol. 24-12, July 15, 2024
Rule 532a.
(1) A
				  licensed management company must classify a fantasy contest player as a highly
				  experienced player if the fantasy contest player has done at least 1 of the
				  following:
(a) Entered more than 1,000 fantasy
				  contests offered by the licensed management company.
(b) Won more than three prizes each valued at
				  $1,000.00 or more from the licensed management company.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532b - Persons restricted from entering or participating in fantasy contests

Current through Vol. 24-12, July 15, 2024
Rule 532b.
(1) The
				  following individuals are prohibited from entering or participating in any
				  fantasy contest that is based, in whole or in part, on any athletic event in
				  which the individual participates or with which the individual is otherwise
				  affiliated, or any athletic event overseen by the sports governing body that
				  oversees the athletic events in which the individual participates or with which
				  the individual is otherwise affiliated:
(a) An
				  athlete.
(b) A coach.
(c) A manager.
(d) An official.
(e) An individual who has the authority or
				  ability to influence the performance of an athlete in an athletic
				  event.
(f) An individual with
				  access to non-public, exclusive information related to an athlete or athletic
				  event.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532c - Exclusion of individuals

Current through Vol. 24-12, July 15, 2024
Rule 532c.
(1) A
				  fantasy contest operator or licensed management company must implement
				  commercially reasonable procedures and internal controls to exclude from entry
				  or participation in fantasy contests any individual the board determines must
				  be excluded to protect the integrity of fantasy contests under the act and
				  these rules.
(2) An individual
				  excluded under this rule is prohibited from establishing a fantasy contest
				  player account and from entering or participating in fantasy
				  contests.
(3) If the board
				  determines an individual must be excluded under this rule, the board shall
				  notify the individual. The notification must include the basis for the
				  exclusion and explain that the individual is prohibited from establishing a
				  fantasy contest player account and from entering or participating in fantasy
				  contests offered under the act and these rules.
(4) An individual excluded under this rule
				  may request a hearing as set forth in part 1 of these rules to contest their
				  exclusion from fantasy contests. It is the excluded individual's responsibility
				  to prove by clear and convincing evidence why he or she should not be
				  excluded.
(5) Exclusion under this
				  rule is permanent unless the board decides to rescind the exclusion. An
				  exclusion shall only be rescinded if the board determines that the individual
				  no longer poses a threat to the integrity of fantasy contests under the act and
				  these rules.
(6) The board shall
				  provide each fantasy contest operator and licensed management company with
				  information the board considers necessary to carry out the purposes of this
				  rule. Fantasy contest operators and licensed management companies may only use
				  the information to exclude individuals as required under this rule. Use of the
				  information for any other purpose may result in disciplinary action by the
				  board against the fantasy contest operator or licensed management company or a
				  civil fine. Nothing in this subrule is intended to preclude the disclosure of
				  the information pursuant to subpoena or other legal process.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532d - Fantasy contest self-restriction program

Current through Vol. 24-12, July 15, 2024
Rule 532d.
(1) A
				  fantasy contest operator or licensed management company must establish and
				  operate a self-restriction program as prescribed in the act and these rules and
				  as directed by the board.
(2) A
				  fantasy contest operator or licensed management company must make its
				  self-restriction program clearly and conspicuously available on its fantasy
				  contest platform.
(3) A fantasy
				  contest operator's or licensed management company's self-restriction program
				  must include a means to allow an individual to self-restrict his or her ability
				  to enter or participate in fantasy contests offered by the fantasy contest
				  operator or licensed management company, subject to all of the following
				  conditions:
(a) The means to enable
				  self-restriction must be made available by at least 1 of the following, at a
				  minimum:
(i) Website or fantasy contest
				  platform.
(ii) Telephone.
(iii) Online chat.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532e - Scripts

Current through Vol. 24-12, July 15, 2024
Rule 532e.
(1) A
				  fantasy contest player is prohibited from using any script other than an
				  authorized script to create fantasy contest entries or enter or participate in
				  fantasy contests.
(2) A fantasy
				  contest operator or licensed management company must not allow and must use
				  commercially reasonable efforts to monitor for and prevent the use of any
				  scripts other than authorized scripts.
(3) An authorized script must be clearly and
				  conspicuously published and made readily available to all fantasy contest
				  players on the fantasy contest operator's or licensed management company's
				  fantasy contest platform.
(4) A
				  fantasy contest operator or licensed management company may elect not to
				  provide authorized scripts and may prohibit all scripts.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532f - Proxy servers

Current through Vol. 24-12, July 15, 2024
Rule 532f.
(1) A
				  fantasy contest player is prohibited from using a proxy server or any other
				  software or technology to misrepresent his or her identity or location in order
				  to enter or participate in fantasy contests.
(2) A fantasy contest operator or licensed
				  management company must not allow and must use commercially reasonable efforts
				  to monitor for and prevent the use of proxy servers and other software and
				  technology used by a fantasy contest player to misrepresent his or her identity
				  or location.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532g - Protected information

Current through Vol. 24-12, July 15, 2024
Rule 532g.
(1) A
				  fantasy contest operator or licensed management company must adopt commercially
				  reasonable procedures and internal controls to prevent its owners, directors,
				  officers, employees, agents, contractors, and third-party providers from
				  disclosing any protected information to any third parties unless the protected
				  information is made publicly available.
(2) A fantasy contest player is prohibited
				  from entering or participating in any fantasy contest using any protected
				  information that is not publicly available and was obtained in violation of
				  subrule (1) of this rule. This subrule does not apply to a fantasy contest
				  conducted in accordance with
				  R 432.532b(11). If
				  a fantasy contest operator or licensed management company conducts fantasy
				  contests under R
				  432.532b(11), the fantasy contest
				  operator or licensed management company must adopt commercially reasonable
				  procedures and internal controls to prevent the disclosure or misuse of any
				  material nonpublic information obtained through entry or participation in the
				  fantasy contests.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.532h - Duty of fantasy contest operators and licensed management companies

Current through Vol. 24-12, July 15, 2024
Rule 532h.
(1) A
				  fantasy contest operator or licensed management company must adopt commercially
				  reasonable procedures and internal controls to prevent a person from
				  establishing a fantasy contest player account if the person is prohibited from
				  establishing a fantasy contest player account under
				  R 432.532a to
				  R 432.532g, subject to both of the
				  following:
(a) If an individual has a fantasy
				  contest player account at the time of exclusion under
				  R 432.532c, the fantasy contest
				  player account and funds in the account must be addressed as follows:
(i) The fantasy contest player account must
				  be suspended, closed, or otherwise restricted so that no further deposits can
				  be made and no further fantasy contest entries can be submitted until such time
				  as the exclusion is no longer in effect.
(ii) Any funds remaining in the fantasy
				  contest player account must be returned to the individual or seized as directed
				  by the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.533 - Advertisements

Current through Vol. 24-12, July 15, 2024
Rule 533.
(1) Any
				  advertisements disseminated by or on behalf of a fantasy contest operator or
				  licensed management company must satisfy all of the following:
(a) Be based on fact.
(b) Accurately depict any representations
				  made concerning entry or participation in fantasy contests.
(c) Include information on playing
				  responsibly and seeking assistance for compulsive gaming behavior or direct
				  individuals to a reputable source for this information. If an advertisement is
				  not of sufficient size or duration to reasonably allow for inclusion of this
				  information, the advertisement must refer to a website or fantasy contest
				  platform that does prominently include this information.
(d) Clearly and conspicuously state all
				  material or limiting rules, terms, or conditions or provide a reference to the
				  fantasy contest operator's or licensed management company's fantasy contest
				  website or fantasy contest platform where all material or limiting rules,
				  terms, or conditions may be found. The referenced material must be publicly
				  available and must state all rules, terms, or conditions clearly and
				  conspicuously.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.534 - Bank secrecy act compliance

Current through Vol. 24-12, July 15, 2024
Rule 534.
(1) A
				  fantasy contest operator or licensed management company must comply with all
				  provisions of 31 USC
				  5311 to
				  5336, commonly referred to as the
				  bank secrecy act, that are applicable to the fantasy contest operator's or
				  licensed management company's fantasy contest operations.
(2) A fantasy contest operator or licensed
				  management company must maintain, for a minimum of 3 years, records related to
				  its compliance with all provisions of
				  31 USC
				  5311 to
				  5336 that are applicable to the
				  fantasy contest operator's or licensed management company's fantasy contest
				  operations. The fantasy contest operator or licensed management company must
				  provide the records to the board and any appropriate law enforcement agencies
				  on request consistent with the authorization prescribed in provisions of
				  31 USC
				  5311 to
				  5336 and related regulations that
				  are applicable to the fantasy contest operator's or licensed management
				  company's fantasy contest operations.
(3) A fantasy contest operator or licensed
				  management company must provide a written notice to the board as soon as the
				  fantasy contest operator or licensed management company becomes aware of a
				  compliance review that is conducted by the Internal Revenue Service under
				  31 USC
				  5311 to
				  5336 and involves or impacts the
				  fantasy contest operator's or licensed management company's fantasy contest
				  operations. The fantasy contest operator or licensed management company must
				  provide a copy of the compliance review report or the equivalent to the board
				  within 10 days of the receipt of the report by the fantasy contest operator or
				  licensed management company.
(4)
				  This rule applies to a fantasy contest operator or licensed management company
				  only to the extent to which any provisions of
				  31 USC
				  5311 to
				  5336 apply to the fantasy contest
				  operator's or licensed management company's fantasy contest
				  operations.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.534a - Integrity monitoring and suspicious behavior

Current through Vol. 24-12, July 15, 2024
Rule 534a.
(1) A
				  fantasy contest operator or licensed management company must employ personnel
				  responsible for ensuring the proper operation and integrity of fantasy contests
				  and reviewing and addressing all reports of suspicious behavior including, but
				  not limited to, all of the following:
(a) Any
				  person entering or participating in a fantasy contest who is engaging in or
				  attempting to engage in, or who is reasonably suspected of, cheating, theft,
				  embezzlement, collusion, use of funds derived from illegal activity, money
				  laundering, or any other illegal activities.
(b) Any person that is reasonably suspected
				  of misrepresenting their identity or using false identification to establish or
				  attempt to establish a fantasy contest player account.
(c) Suspected criminal activity related to
				  any aspect of fantasy contests.
(d)
				  Any unusual or suspicious fantasy contest activity or patterns that indicate a
				  concern regarding the integrity of a fantasy contest or fantasy contest
				  platform. This includes, but is not limited to, unusual or suspicious fantasy
				  contest activity or patterns that cannot be explained and are indicative of any
				  of the following:
(i) Match-fixing.
(ii) The manipulation of an athletic
				  event.
(iii) Misuse of inside
				  information.
(iv) A potential
				  breach of a sports governing body's internal rules or code of conduct
				  pertaining to fantasy contests.
(v)
				  Any other conduct that corrupts the outcome of an athletic event.
(e) Any other conduct that
				  corrupts the outcome of a fantasy contest.
(f) Any activity or fantasy contests that
				  violate any applicable state or federal law.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.535 - Fantasy contest player complaints

Current through Vol. 24-12, July 15, 2024
Rule 535.
(1) A
				  fantasy contest operator or licensed management company must include on its
				  fantasy contest platform a clear mechanism to advise fantasy contest players of
				  their right to make a complaint against the fantasy contest operator, licensed
				  management company, or another fantasy contest player, including information
				  explaining how complaints can be filed and how complaints are
				  resolved.
(2) A fantasy contest
				  operator or licensed management company must attempt to resolve all complaints
				  with the fantasy contest player.
(3) A fantasy contest operator or licensed
				  management company must investigate each complaint and provide a response to
				  the fantasy contest player within 10 calendar days of receipt of the
				  complaint.
(4) The complaint and
				  the fantasy contest operator's or licensed management company's response must
				  be made in writing, which may include, but is not limited to, mail, email, and
				  logged internet chat.
(5) A fantasy
				  contest operator or licensed management company must maintain records related
				  to fantasy contest player complaints for a minimum of 3 years and must provide
				  the records to the board on request.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.535a - Fantasy contest player funds

Current through Vol. 24-12, July 15, 2024
Rule 535a.
(1) A
				  fantasy contest operator or licensed management company must do 1 of the
				  following:
(a) Segregate deposits in fantasy
				  contest player accounts and other fantasy contest player funds from operational
				  money of the fantasy contest operator or licensed management company. The
				  segregated funds must be maintained in a United States bank account.
(b) Maintain a reserve that meets all of the
				  following conditions:
(i) The reserve must be
				  in 1 of the following forms:
(A) Cash or cash
				  equivalents maintained in a United States bank account segregated from the
				  fantasy contest operator's or licensed management company's operational
				  funds.
(B) An irrevocable letter of
				  credit.
(C) A bond.
(D) Any combination of the allowable forms
				  described in subparagraph (A) to (C) of this paragraph.
(ii) The aggregate amount of the reserve must
				  exceed the total dollar value of deposits in fantasy contest player accounts
				  and other fantasy contest player funds.
(iii) The reserve must not be used for
				  operational activities of the fantasy contest operator or licensed management
				  company.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.535b - Negative fantasy contest player account balance prohibited

Current through Vol. 24-12, July 15, 2024
Rule 535b. A fantasy contest platform must employ a
					 mechanism that can detect and prevent any fantasy contest entries or
					 withdrawals initiated by a fantasy contest player that would result in a
					 negative balance of the fantasy contest player account.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.537 - Tournaments, bonuses, and promotions

Current through Vol. 24-12, July 15, 2024
Rule 537.
(1) A
				  fantasy contest operator or licensed management company may conduct a fantasy
				  contest tournament subject to applicable provisions of the act and these rules.
				  A fantasy contest operator or licensed management company must maintain a
				  record of each fantasy contest tournament it offers that addresses, at a
				  minimum, all of the following:
(a) Athletic
				  events on which the fantasy contest tournament is based.
(b) Rules concerning tournament play and
				  participation.
(c) Entry fee amount
				  or amounts per participant.
(d)
				  Prizes or awards.
(e) Methodology
				  for determining the winner or winners.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.538 - Kiosks, places of public accommodation, and private clubs

Current through Vol. 24-12, July 15, 2024
Rule 538. A fantasy contest operator allowed under section
					 8(2) of the act, MCL
					 432.508, to offer fantasy
					 contests on, at, or from a kiosk or machine, a place of public accommodation,
					 or a facility owned, operated, or occupied by a private club, association, or
					 similar membership-based organization must meet all standards and requirements
					 for the fantasy contests as prescribed by the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 3 - CONDUCT OF FANTASY CONTESTS › Section R. 432.539 - Geolocation

Current through Vol. 24-12, July 15, 2024
Rule 539.
(1) In
				  order to determine the location of a fantasy contest player for purposes of
				  identifying in-state participants and calculating the in-state percentage, a
				  fantasy contest operator or licensed management company must utilize a
				  geolocation system to reasonably detect and accurately pinpoint the physical
				  location of a fantasy contest player each time a fantasy contest operator or
				  licensed management company collects an entry fee from the fantasy contest
				  player or otherwise allows a fantasy contest player to enter a fantasy
				  contest.
(2) In order to prevent
				  the unauthorized use of a fantasy contest player account, the geolocation
				  system must be equipped to monitor for and block attempts to enter or
				  participate in fantasy contests by any single account from geographically
				  inconsistent locations.
(3) A
				  fantasy contest operator or licensed management company may use a third party
				  to provide the geolocation system.
(4) Unless otherwise directed by the board,
				  all geolocation systems must meet technical specifications and requirements
				  that are generally accepted in the fantasy contest industry in the United
				  States.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.541 - Single account in use for fantasy contests

Current through Vol. 24-12, July 15, 2024
Rule 541.
(1) A
				  fantasy contest operator or licensed management company shall limit each
				  fantasy contest player to 1 fantasy contest player account and username. Each
				  fantasy contest player account must meet all of the following requirements:
(a) Be non-transferable.
(b) Be unique to the fantasy contest player
				  who establishes the fantasy contest player account.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.541a - Age and identity verification

Current through Vol. 24-12, July 15, 2024
Rule 541a.
(1) A
				  fantasy contest operator or licensed management company must verify an
				  individual's age and identity before allowing that individual to create a
				  fantasy contest player account and do either of the following, whichever occurs
				  first:
(a) Make a deposit.
(b) Enter or participate in a fantasy
				  contest.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.541b - Data security of age and identity verification information

Current through Vol. 24-12, July 15, 2024
Rule 541b. Details of the age and identity verification
					 process must be maintained by the fantasy contest operator or licensed
					 management company in a secure manner consistent with security standards
					 generally accepted in the fantasy contest industry in the United
					 States.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.543 - Fantasy contest player protections

Current through Vol. 24-12, July 15, 2024
Rule 543. A fantasy contest operator or licensed management
					 company must provide a fantasy contest player protection page that must be
					 readily accessible to each fantasy contest player. The fantasy contest player
					 protection page must be accessible to a fantasy contest player throughout a
					 fantasy contest player session. The fantasy contest player protection page must
					 contain, at a minimum, all of the following:
(a) Method for changing or retrieving a password or other access
				  security feature and the ability to choose strong authentication login
				  protection.
(b) Method for filing
				  a complaint with the fantasy contest operator or licensed management company in
				  accordance with R
				  432.535.
(c) Method for obtaining a copy of the fantasy contest terms and
				  conditions agreed to when establishing a fantasy contest player
				  account.
(d) Method for the fantasy
				  contest player to obtain his or her account history and playing
				  history.
(e) Notification that
				  underage entry or participation in fantasy contests is prohibited and that
				  anyone who facilitates an individual under the age of 18 to enter or
				  participate in a fantasy contest will be subject to action in accordance with
				  R 432.532h.
(f) Notification that the fantasy contest
				  player is responsible for configuring the auto-lock feature of his or her
				  computer or other device to protect the computer or other device from
				  unauthorized use.
(g) Notification
				  that a fantasy contest player is prohibited from allowing any other person to
				  access or use his or her fantasy contest player account.
(h) Notification that a fantasy contest
				  player is prohibited from submitting a fantasy contest entry on behalf of any
				  other person.
(i) Information about
				  the fantasy contest operator's or licensed management company's
				  self-restriction program operated pursuant to
				  R 432.532d, including, but not
				  limited to, the following:
(i) Information
				  about potential risks associated with excessive entry or participation in
				  fantasy contests and where to seek assistance for compulsive gaming
				  behavior.
(ii) The method for a
				  fantasy contests player or other individual to irrevocably restrict his or her
				  ability to enter or participate in fantasy contests and to select the length of
				  time the restriction will be in effect.
(iii) Information about any other notifications or self-imposed
				  limits available under the fantasy contest operator's or licensed management
				  company's self-restriction program, if applicable, including information on how
				  to invoke those notifications or self-imposed limits.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.544 - Fantasy contest player account requirements

Current through Vol. 24-12, July 15, 2024
Rule 544. To establish a fantasy contest player account, a
					 fantasy contest operator or licensed management company must do all of the
					 following:
(a) Create an electronic
				  fantasy contest player file that must include, but is not limited to, all of
				  the following:
(i) The fantasy contest
				  player's legal name.
(ii) The
				  fantasy contest player's date of birth.
(iii) The fantasy contest player's fantasy
				  contest account number or username.
(iv) The fantasy contest player's residential
				  address. A post office box is not acceptable.
(v) The fantasy contest player's email
				  address.
(vi) The method and
				  process used to verify the fantasy contest player's age and identity, including
				  sufficient records to demonstrate that age and identity verification was
				  performed in accordance with applicable requirements of the act and these
				  rules.
(vii) The date of
				  verification of the fantasy contest player's age and identity.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.544a - Fantasy contest player account funding

Current through Vol. 24-12, July 15, 2024
Rule 544a. A fantasy contest player's fantasy contest
					 player account may be funded through the use of any of the following:
(a) A fantasy contest player's credit or
				  debit card.
(b) A fantasy contest
				  player's deposit of cash or cash equivalents at a physical location at which a
				  fantasy contest operator or licensed management company accepts deposits
				  directly or at which a third-party payment processor accepts deposits on behalf
				  of a fantasy contest operator or licensed management company. Procedures
				  governing transactions conducted at the physical location must be addressed in
				  the fantasy contest operator's or licensed management company's procedures and
				  internal controls.
(c) A fantasy
				  contest player's reloadable prepaid card that is verified as being issued to
				  the fantasy contest player and is non-transferable.
(d) Promotional credit.
(e) Prizes or awards.
(f) Adjustments made by the fantasy contest
				  operator or licensed management company with documented notification to the
				  fantasy contest player.
(g)
				  Automated clearing house (ACH) deposit, provided that the fantasy contest
				  operator or licensed management company has implemented security measures and
				  procedures and internal controls to prevent ACH fraud regarding failed ACH
				  deposits.
(h) Wire
				  transfer.
(i) A fantasy contest
				  operator's or licensed management company's issuance of credit to a fantasy
				  contest player. Procedures for the issuance of credit must be addressed in the
				  fantasy contest operator's or licensed management company's procedures and
				  internal controls.
(j) Any other
				  means approved by the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.544b - Failed ACH deposits

Current through Vol. 24-12, July 15, 2024
Rule 544b. A fantasy contest operator or licensed
					 management company must implement commercially reasonable procedures and
					 internal controls to address failed ACH deposits, subject to both of the
					 following conditions:
(a) A failed ACH
				  deposit attempt is not considered fraudulent if the fantasy contest player has
				  successfully deposited funds via an ACH transfer on a previous occasion with no
				  outstanding chargebacks.
(b) A
				  fantasy contest operator or licensed management company must investigate any
				  failed ACH deposit the fantasy contest operator or licensed management company
				  considers potentially fraudulent. If a failed ACH deposit is deemed fraudulent,
				  the fantasy contest operator or licensed management company must immediately
				  suspend the fantasy contest player account in accordance with
				  R 432.548.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.544c - Transfer of funds prohibited

Current through Vol. 24-12, July 15, 2024
Rule 544c. A fantasy contest operator or licensed
					 management company must not allow a fantasy contest player to transfer funds
					 from his or her fantasy contest player account to any other fantasy contest
					 player account or other wagering account belonging to another fantasy contest
					 player or individual.