Iowa Administrative Code › Agency 491 - Racing and Gaming Commission › Chapter 13 - Sports Wagering › Rule 491-13.1 - Definitions

Current through Register Vol. 47, No. 3, July 24, 2024
As used in these rules, unless the context otherwise requires,
				the following definitions apply:
"Administrator"
means the administrator of the
				racing and gaming commission or the administrator's designee.
"Advance deposit sports wagering"
means a
				method of sports wagering in which an eligible individual may, in an account
				established with a licensee under Iowa Code section
				99F.7A,
				deposit moneys into the account and use the account balance to pay for sports
				wagering. Prior to January 1, 2021, an account must be established by an
				eligible individual in person with a licensee.
"Advance deposit sports wagering operator"
means an advance deposit sports wagering operator licensed by the commission
				who has entered into an agreement with a licensee under Iowa Code section
				99F.7A to provide advance deposit sports wagering.
"Authorized sporting event"
means a
				professional sporting event, collegiate sporting event, international sporting
				event, or professional motor race event. "Authorized sporting event" does not
				include a race as defined in Iowa Code section
				99D.2, a fantasy
				sports contest as defined in Iowa Code section
				99E.1, minor league
				sporting event, or any athletic event or competition of an interscholastic
				sport as defined in Iowa Code section
				9A.102.
"Collegiate sporting event"
means an athletic
				event or competition of an intercollegiate sport as defined in Iowa Code
				section
				9A.102.
"Commission"
means the racing and gaming
				commission created under Iowa Code section
				99D.5.
"Designated sports wagering area"
means an
				area, as designated by a licensee and approved by the commission, in which
				sports wagering is conducted.
"Eligible individual"
means an individual who
				is at least 21 years of age or older who is located within this state.
"Facility"
means an entity licensed by the
				commission to conduct pari-mutuel wagering, gaming or sports wagering
				operations in Iowa.
"International sporting event"
means an
				international team or individual sporting event governed by an international
				sports federation or sports governing body, including but not limited to
				sporting events governed by the international Olympic committee and the
				international federation of association football.
"Licensee"
means any person licensed under
				Iowa Code section
				99F.7
				or
				99F.7A.
"Minor league sporting event"
means a sporting
				event conducted by a sports league which is not regarded as the premier league
				in the sport as determined by the commission.
"Professional sporting event"
means an event,
				excluding a minor league sporting event, at which two or more persons
				participate in sports or athletic events and receive compensation in excess of
				actual expenses for their participation in such event.
"Sports wagering"
means the acceptance of
				wagers on an authorized sporting event by any system of wagering as authorized
				by the commission. "Sports wagering" does not include placing a wager on the
				performance or nonperformance of any individual athlete participating in a
				single game or match of a collegiate sporting event in which a collegiate team
				from this state is a participant, or placing a wager on the performance of
				athletes in an individual international sporting event governed by the
				international Olympic committee in which any participant in the international
				sporting event is under 18 years of age.
"Sports wagering net receipts"
means the gross
				receipts less winnings paid to wagerers on sports wagering.