Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 3 - TECHNICAL STANDARDS › Section R. 432.639c - Progressive jackpots

Current through Vol. 24-12, July 15, 2024
Rule 639c.
(1) An
				  internet gaming operator or its internet gaming platform provider may offer a
				  progressive jackpot that increases uniformly in value as the internet game is
				  played based upon an approved rate of progression and is awarded for a specific
				  outcome or event.
(2) The rules
				  governing the award and the value of the progressive award must be readily
				  available to individuals and authorized participants.
(3) An internet gaming operator or its
				  internet gaming platform provider must obtain approval from the board in the
				  form and manner prescribed by the board before offering, modifying, or
				  transferring a progressive jackpot on software approved by the board under
				  these rules.
(4) Two or more linked
				  internet games offering the same progressive jackpot may be of different
				  denominations or have different minimum internet wagers required to win the
				  progressive jackpot, or both, if the probability of winning the progressive
				  jackpot is directly proportional to the minimum internet wager required to win
				  that jackpot. For example, if on the same link, a nickel game requires 20
				  credits (a $1.00 wager), a quarter game requires 8 credits (a $2.00 wager), and
				  a dollar game requires 3 credits (a $3.00 wager) to win the progressive
				  jackpot, the probability of a winning internet wager must be 3 times more
				  likely on a linked dollar game than on the linked nickel game, and twice as
				  likely on a linked quarter game than on the linked nickel game. Similarly, if
				  among 3 linked quarter denomination games, the first required 2 credits (a 50
				  cent wager), the second required 4 credits (a $1.00 wager), and the third
				  required 8 credits (a $2.00 wager) to play for the progressive jackpot, on each
				  wager, the probability of winning the jackpot would be twice as likely on the
				  second game than on the first game, and 4 times more likely on the third game
				  than on the first game.
(5) The
				  internet gaming operator or its internet gaming platform provider, or both must
				  ensure that progressive jackpot awards that have a reset amount greater than
				  $5,000.00 are reconciled at least once a month in accordance with approved
				  internal controls unless otherwise required by the board.
(6) An internet gaming operator or its
				  internet gaming platform provider, or both must maintain a detailed record of
				  the monthly reconciliation. An internet gaming operator or its internet gaming
				  platform provider, or both must also reconcile a progressive jackpot before a
				  transfer or modification.
(7) The
				  internet gaming operator or its internet gaming platform provider, or both must
				  investigate the reason for any progressive amount variance exceeding $100.00
				  and file an incident report with the board that must include corrective actions
				  proposed or taken to resolve the variance.
(8) An internet gaming operator or its
				  internet gaming platform provider, or both must remove or make the progressive
				  game unavailable to individuals and authorized participants for all occurrences
				  in which a game malfunctions or if otherwise required by the board.
(9) The internet gaming operator or its
				  internet gaming platform provider, or both that chooses to restore a
				  progressive jackpot previously made unavailable pursuant to this rule, must
				  restore the entire progressive jackpot amount. The amount restored must include
				  the entire jackpot, including the seed amount and all previously collected
				  authorized participant contributions.
(10) An internet gaming operator may remove
				  or transfer a progressive jackpot upon obtaining board approval as provided for
				  in this rule and after notification to individuals and authorized participants,
				  which notification must be given not less than 10 days before a transfer or not
				  less than 30 days before a removal.
(11) If a wide area progressive offered on
				  the internet is removed, it must be restored or transferred by the internet
				  gaming platform provider or internet gaming supplier as applicable. The amount
				  restored or transferred must include the entire jackpot, including the seed
				  amount and all previously collected authorized participant
				  contributions.