reglab/statecodes huggingface dataset:
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.763a - Amendments to internal controls

Current through Vol. 24-12, July 15, 2024
Rule 763a. Unless otherwise provided by the board, all of
					 the following provisions apply to amendments to the internal control
					 procedures:
(a) Amendments to any
				  portion of the internal control procedures must be submitted to the board for
				  approval. If within 30 days the board has not approved, denied, or otherwise
				  provided written notice, a sports betting operator or internet sports betting
				  platform provider, or both, may implement the amended internal controls as
				  submitted with the board retaining its authority to require further amendment,
				  approval, or denial.
(b) The board
				  may, in writing, approve, deny, or require a revision to the amendment to the
				  internal control procedures. If the sports betting operator or sports betting
				  platform provider is notified of a required revision, the sports betting
				  operator or internet sports betting platform provider must work with the board
				  to address the revision.
(c) If the
				  board requests additional information, clarification, or revision of an
				  amendment to an internal control and the sports betting operator or internet
				  sports betting platform provider, or both, fail to satisfy the request within
				  30 days after the board request, the board shall consider the amendment denied
				  and it cannot be implemented or, if previously implemented under subdivision
				  (a) of this rule, the sports betting operator or internet sports betting
				  platform provider has 15 days to cease implementation of that amendment. If the
				  sports betting operator or internet sports betting platform provider
				  subsequently wants to pursue the amendment, it must resubmit the request along
				  with the additional information previously requested by the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.763b - Emergency procedures

Current through Vol. 24-12, July 15, 2024
Rule 763b.
(1) In
				  the event of an emergency, the sports betting operator or internet sports
				  betting platform provider, or both, may temporarily amend an internal control
				  procedure. The executive director or his or her designee must be notified that
				  an emergency exists before temporarily amending an internal control
				  procedure.
(2) A sports betting
				  operator or internet sports betting platform provider, or both, must submit the
				  temporary emergency amendment of the internal control procedures to the
				  executive director or his or her designee within 3 days of the amendment. The
				  submission must include the detailed emergency procedures that will be
				  implemented and the time period the emergency procedures will be temporarily in
				  place. Any concerns the board has with the submission must be addressed with
				  the sports betting operator or internet sports betting platform provider, or
				  both.
(3) As soon as the
				  circumstances necessitating the emergency amendment to the internal control
				  procedures abate, a sports betting operator or internet sports betting platform
				  provider, or both, shall resume compliance with the approved internal control
				  procedures.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.763c - Failure to comply with requirements

Current through Vol. 24-12, July 15, 2024
Rule 763c. If the board determines that the administrative
					 or accounting procedures or written internal control procedures of the sports
					 betting operator or internet sports betting platform provider, or both do not
					 comply with the requirements of these rules or requires improvement, the board
					 shall notify the sports betting operator or internet sports betting platform
					 provider, or both, in writing. Within 15 days after receiving the notification,
					 the sports betting operator or internet sports betting platform provider must
					 amend its procedures and written internal control procedures accordingly and
					 must submit, for board approval, a copy of the written internal control
					 procedures, as amended, and a description of any other remedial measure
					 taken.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.764 - Compliance with internal controls

Current through Vol. 24-12, July 15, 2024
Rule 764.
(1)
				  Sports betting operators and internet sports betting platform providers must
				  comply with all internal controls.
(2) If a sports betting operator or internet
				  sports betting platform provider fails to comply with any provision of its
				  internal controls, the board may initiate a disciplinary action.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.765 - Accounting records

Current through Vol. 24-12, July 15, 2024
Rule 765.
(1) A
				  sports betting operator and internet sports betting platform provider must
				  maintain complete, accurate, and legible records of all transactions related to
				  their internet sports betting operations, including transactions pertaining to
				  revenues, expenses, assets, liabilities, and equity in conformance with
				  generally accepted accounting principles.
(2) The board may direct a sports betting
				  operator and internet sports betting platform provider to alter the manner in
				  which the records are maintained if the sports betting operators and internet
				  sports betting platform providers records are not in accordance with generally
				  accepted accounting principles or if the records are not in sufficient
				  detail.
(3) The accounting records
				  must be maintained using a double entry system of accounting with transactions
				  recorded on the accrual basis and supported by detailed subsidiary
				  records.
(4) The detailed
				  subsidiary records must include, at a minimum, all of the following:
(a) Detailed general ledger accounts
				  identifying all revenue, expenses, assets, liabilities, and equity.
(b) A record of all investments, advances,
				  loans, and accounts receivable balances due the establishment.
(c) A record of all loans and other accounts
				  payable.
(d) A record of all
				  accounts receivable written off as uncollectible.
(e) Journal entries prepared.
(f) Tax work papers used in preparation of
				  any state or federal tax return if applicable.
(g) Records supporting the accumulation of
				  the costs for complimentary services and items. A complimentary service or item
				  provided to individuals in the normal course of a sports betting business must
				  be recorded in an amount based upon the full retail price normally charged for
				  the service or item or as is otherwise consistent with generally accepted
				  accounting principles.
(h) Records
				  required by the internal control system.
(i) Other records that the board requires to
				  be maintained.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.765a - Annual audits and annual compliance reports

Current through Vol. 24-12, July 15, 2024
Rule 765a.
(1) All
				  of the following provisions apply to annual and special audits and other
				  reports:
(a) The board requires an annual
				  audit of the financial condition of the sports betting operator's and internet
				  sports betting platform providers total internet sports betting operations. For
				  a sports betting operator licensed as a casino under the Michigan Gaming
				  Control and Revenue Act, the audit prepared pursuant to section 14 of the
				  Michigan Gaming Control and Revenue Act, 1996 IL 1, MCL 432.214, satisfies this
				  requirement. An independent certified public accountant must perform the annual
				  audit.
(b) The annual audit must be
				  performed and presented in accordance with generally accepted accounting
				  principles and contain the opinion of the independent certified public
				  accountant as to its fair preparation and presentation in accordance with
				  generally accepted accounting principles.
(c) To assure the integrity of internet
				  sports betting and compliance with the act and these rules, the board may
				  require a special audit of a sports betting operator or an internet sports
				  betting platform provider, or both, to be conducted by board personnel or an
				  independent certified public accountant. The board shall establish the scope,
				  procedures, and reporting requirements of a special audit. For a sports betting
				  operator who is an Indian tribe, the scope of the special audit must be limited
				  to the sports betting operators internet sports betting operations.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.765b - Board access to platform data

Current through Vol. 24-12, July 15, 2024
Rule 765b. The sports betting operator or internet sports
					 betting platform provider must provide access to internet sports betting
					 platform related data as considered necessary by the board and in a manner
					 approved by the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.766 - Records retention

Current through Vol. 24-12, July 15, 2024
Rule 766.
(1) Each
				  sports betting operator or sports betting supplier must maintain, in a place
				  secure from theft, loss, or destruction, adequate records of its business and
				  accounting operations. A sports betting operator or sports betting supplier
				  must make the records available to the board, upon request, within a time
				  provided for by the board. A sports betting operator or sports betting supplier
				  must hold the records for not less than 5 years. The records must include, but
				  not be limited to, all of the following:
(a)
				  All correspondence with, or reports to, the board or any local, state, tribal,
				  or federal governmental agency.
(b)
				  All correspondence concerning the business of a sports betting operator or
				  sports betting supplier.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.767 - Taxes and payments

Current through Vol. 24-12, July 15, 2024
Rule 767.
(1) The
				  internet sports betting platform must be able to generate reports supporting
				  adjusted gross sports betting receipts, wagering liability, winnings, and any
				  other reports considered necessary by the board or as required by the internal
				  controls. The reporting must be done on a form and in the manner prescribed by
				  the board.
(2) If the amount of
				  adjusted gross sports betting receipts for a month is a negative figure, the
				  sports betting operator shall not remit a sports betting tax or payment for
				  that month. Any negative adjusted gross sports betting receipts must be carried
				  over and calculated as a deduction on the tax form or payment form on the
				  subsequent months until the negative figure has been brought to a zero
				  balance.
(3) A sports betting
				  operator who fails to remit to the board the tax or payment imposed under the
				  act is liable for payment of a fine, as determined by the board of up to 25%
				  per month of the amounts ultimately found to be due, to be recovered by the
				  board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 6 - AUDIT AND INTERNAL CONTROLS › Section R. 432.768 - Write-offs/amounts returned/disputed credit or debit charges

Current through Vol. 24-12, July 15, 2024
Rule 768.
(1) A
				  sports betting operator shall not receive a deduction from gross sports betting
				  receipts unless written approval is granted by the board for the following:
(a) Amounts returned to an authorized
				  participant because of a game, platform, or system malfunction or because the
				  internet sports betting wager must be voided because of concerns regarding
				  integrity of the wager or game that were previously included in the computation
				  of gross sports betting receipts.
(b) Uncollectible markers or successfully
				  disputed credit or debit card charges that were previously included in the
				  computation of gross sports betting receipts. Discretionary write-offs by the
				  sports betting operator do not constitute an uncollectible marker.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 7 - RESPONSIBLE GAMING; PROHBITED PERSON › Section R. 432.771 - Establishment and maintenance of the responsible gaming database

Current through Vol. 24-12, July 15, 2024
Rule 771.
(1) The
				  board shall establish a responsible gaming database that contains a list of
				  individuals who are prohibited from establishing an internet sports betting
				  account or participating in internet sports betting offered by a sports betting
				  operator.
(2) The executive
				  director may place an individuals name in the responsible gaming database for
				  any of the following reasons:
(a) The
				  individual has been convicted in any jurisdiction of a felony, a crime of moral
				  turpitude, or a crime involving gaming.
(b) The individual has violated the act or
				  another gaming-related law.
(c) The
				  individual has performed an act or has a notorious or unsavory reputation such
				  that the individual's participation in sports betting under the act would
				  adversely affect public confidence and trust in sports betting.
(d) The individual's name is on a valid and
				  current exclusion list maintained by this state or another jurisdiction in the
				  United States.
(e) A court has
				  ordered the placement of an individuals name in the responsible gaming
				  database.
(f) The sports betting
				  operator or internet sports betting platform provider has requested an
				  individuals name be included in the responsible gaming database.
(g) Any other reason the executive director
				  considers appropriate to protect the integrity of internet sports betting under
				  the act and these rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 7 - RESPONSIBLE GAMING; PROHBITED PERSON › Section R. 432.772 - Voluntary placement in the responsible gaming database

Current through Vol. 24-12, July 15, 2024
Rule 772.
(1) An
				  individual may have his or her name placed in the responsible gaming database
				  for a period of 1 or 5 years by submitting a request in the manner and form
				  prescribed by the executive director.
(2) An individual seeking voluntary placement
				  in the responsible gaming database must agree to release the state, the board
				  and its employees and agents, the sports betting operator, the internet sports
				  betting platform provider, and each of their respective officers, directors,
				  employees and agents from any harm, monetary or otherwise, that may arise as a
				  consequence of placing his or her name in the responsible gaming
				  database.
(3) The executive
				  director shall not include an individual in the responsible gaming database
				  until the individual has provided all necessary information.
(4) If a sports betting operator or internet
				  sports betting platform provider prohibits a voluntarily-excluded person in the
				  responsible gaming database from engaging in other forms of gaming authorized
				  by law in this state or in another jurisdiction, that limitation shall only be
				  for the 1 or 5 year placement chosen by the voluntarily-excluded
				  person.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 7 - RESPONSIBLE GAMING; PROHBITED PERSON › Section R. 432.773 - Distribution of the responsible gaming database

Current through Vol. 24-12, July 15, 2024
Rule 773.
(1) The
				  executive director shall provide the sports betting operator and internet
				  sports betting platform provider with information the executive director
				  considers necessary to carry out the purposes of the act and these
				  rules.
(2) Sports betting operators
				  and internet sports betting platform providers may only use the information as
				  provided for in the internal controls and as is consistent with the act and
				  these rules.
(3) Use of information
				  from the responsible gaming database for a purpose other than what is provided
				  for in the act or these rules may result in disciplinary action by the board
				  against the licensee or a civil fine. Nothing in this part is intended to
				  preclude the disclosure of such information pursuant to subpoena or other legal
				  process.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 7 - RESPONSIBLE GAMING; PROHBITED PERSON › Section R. 432.774 - Self-exclusion list

Current through Vol. 24-12, July 15, 2024
Rule 774.
(1) Each
				  sports betting operator and internet sports betting platform provider must
				  establish and maintain a self-exclusion list as prescribed in the act, in these
				  rules, by direction of the executive director, and in accordance with internal
				  controls.
(2) The self-exclusion
				  list must be designed to safeguard the confidentiality of the
				  information.
(3) An individual may
				  have his or her name added to the self-exclusion list maintained by the sports
				  betting operator or internet sports betting platform provider if he or she
				  agrees to release the state, the board and its employees and agents, the sports
				  betting operator, the internet sports betting platform provider, and each of
				  their respective officers, directors, employees and agents from any harm,
				  monetary or otherwise, that may arise as a consequence of placing his or her
				  name in the responsible gaming database or self-exclusion list.
(4) Any individual requesting placement in
				  the self-exclusion list must submit through his or her internet sports betting
				  account or by another means authorized by the board, a completed request for
				  self-exclusion.
(5) A sports
				  betting operator or internet sports betting platform provider may disclose the
				  names of voluntarily-excluded persons on the self-exclusion list to a person
				  licensed or registered by the board for the purpose of allowing the third-party
				  to remove the names of such individuals from a targeted mailing or other
				  advertising or promotion to be made on behalf of a sports betting operator or
				  internet sports betting platform provider.
(6) A licensed or registered third-party that
				  obtains the self-exclusion list from a sports betting operator or internet
				  sports betting platform provider is permitted to use the list solely to exclude
				  names and other information from targeted mailings or other advertising or
				  promotion made on behalf of the sports betting operator or internet sports
				  betting platform provider. The third-party to whom the information is disclosed
				  shall not distribute or disclose the information to the public or any other
				  person. Disclosure may result in disciplinary action or civil fine.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 7 - RESPONSIBLE GAMING; PROHBITED PERSON › Section R. 432.775 - Prohibited persons

Current through Vol. 24-12, July 15, 2024
Rule 775.
(1) A
				  sports betting operator and an internet sports betting platform provider must
				  make reasonable efforts to prevent a prohibited person from establishing an
				  internet sports betting account and not permit the prohibited person to place
				  an internet sports betting wager. This subrule shall not be construed to
				  prevent an individual from creating an internet sports betting account and
				  depositing funds to such an account even if they are prohibited from placing
				  certain wagers.
(2) If a sports
				  betting operator or internet sports betting platform provider detects, or is
				  notified of, an individual suspected of being a prohibited person who had
				  engaged or is engaging in prohibited internet sports betting, the sports
				  betting operator or internet sports betting platform provider, or both, must
				  use reasonable measures to verify whether the individual is prohibited or not.
				  If the sports betting operator or internet sports betting platform provider
				  cannot establish by reasonable measures that the individual is prohibited, the
				  individual is presumed to not be a prohibited person for the purposes of this
				  rule.
(3) Upon verification of a
				  prohibited status, the sports betting operator or internet sports betting
				  platform provider, or both, must do both of the following:
(a) Immediately prohibit access to the
				  individual's internet sports betting account.
(b) Seize from the individual any winnings or
				  things of value obtained from engaging in internet sports betting.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Sports Betting › Part 7 - RESPONSIBLE GAMING; PROHBITED PERSON › Section R. 432.776 - Duty of sports betting operator and internet sports betting platform provider

Current through Vol. 24-12, July 15, 2024
Rule 776.
(1) A
				  sports betting operator and internet sports betting platform provider must make
				  reasonable efforts to prohibit a prohibited person from establishing an
				  internet sports betting account and from participating in internet sports
				  betting offered under the act and these rules. This subrule shall not be
				  construed to prevent an individual from creating an internet sports betting
				  account and depositing funds to such an account even if they are prohibited
				  from placing certain wagers.
(2) If
				  a sports betting operator or internet sports betting platform provider becomes
				  aware that a prohibited person has established an internet sports betting
				  account or has participated in internet sports betting, the sports betting
				  operator or internet sports betting platform provider must provide written
				  notice to the executive director. Any wager made by a prohibited person must be
				  cancelled and the internet sports betting account used to place the wager must
				  be suspended or closed.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 1 - DEFINITIONS › Section R. 432.1101 - Definitions; A to C

Current through Vol. 24-12, July 15, 2024
Rule 101.
As used in these rules:
(a) "Act" means the Michigan gaming control
				  and revenue act, 1996 IL 1, MCL 432.201 to 432.226.
(b) "Application" means all materials and
				  information comprising the applicant's request for a casino license, supplier's
				  license, or occupational license submitted by the applicant to the board,
				  including, but not limited to, the instructions, forms, and other documents
				  required by the board for purposes of application for a license under the act
				  and these rules.
(c) "Associated
				  equipment" means any of the following:
(i)
				  Any equipment which is a mechanical, electromechanical, or electronic
				  contrivance, component, or machine and which is used indirectly or directly in
				  connection with gaming.
(ii) Any
				  equipment that would not otherwise be classified as a gaming device, including,
				  but not limited to, links, modems, and dedicated telecommunication lines, that
				  connects to progressive electronic gaming devices.
(iii) Computerized systems that monitor
				  electronic gaming devices, table games, and other gambling games approved by
				  the board.
(iv) Equipment that
				  affects the proper reporting of gross receipts.
(v) Devices for weighing and counting
				  money.
(vi) Any other equipment
				  that the board determines requires approval as associated equipment to protect
				  the integrity of gaming and ensure compliance with the act and these
				  rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 1 - DEFINITIONS › Section R. 432.1102 - Definitions; D to F

Current through Vol. 24-12, July 15, 2024
Rule 102.
As used in these rules:
(a) "Debt instrument" means any of the
				  following:
(i) Bond.
(ii) Loan.
(iii) Mortgage.
(iv) Trust.
(v) Deed, when committed in any form as
				  collateral.
(vi) Note.
(vii) Debenture.
(viii) Subordination.
(ix) Guaranty.
(x) Letter of credit.
(xi) Security agreement.
(xii) Pledge.
(xiii) Chattel mortgage.
(xiv) Other form of indebtedness.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 1 - DEFINITIONS › Section R. 432.1103 - Definitions; G to I

Current through Vol. 24-12, July 15, 2024
Rule 103.
As used in these rules:
(a) "Gaming area" means the room or rooms in
				  a casino in which gaming is conducted.
(b) "Gaming equipment or supplies" means a
				  machine, mechanism, device, piece of equipment, item, or implement that affects
				  the result of a gambling game by determining a win or loss, including, without
				  limitation, any of the following:
(i)
				  EGDs.
(ii) Software.
(iii) Cards.
(iv) Dice.
Layouts for live table games and any representatives of
					 value, including, without limitation, chips, or electronic cards and related
					 hardware and software do not affect the result of a game, but are gaming
					 equipment and supplies.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 1 - DEFINITIONS › Section R. 432.1105 - Definitions; M to O

Current through Vol. 24-12, July 15, 2024
Rule 105.
As used in these rules:
(a) "Main bank" means the casino department
				  that is responsible for at least all of the following:
(i) Cashing customer checks.
(ii) Establishing hold check
				  privileges.
(iii) Redeeming
				  chips.
(iv) Providing working funds
				  to all operational departments.
(v)
				  Deposits of front money.
(vi)
				  Maintaining custody of all inventory.
(vii) Processing markers.
(viii) Assuming responsibility for all of the
				  following individuals and physical structures:
(A) Casino cashiers.
(B) Change attendants.
(C) Main bank vault or vaults.
(D) Any other structure that houses chips or
				  other representatives of value that the main bank is accountable for.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 1 - DEFINITIONS › Section R. 432.1106 - Definitions; P to R

Current through Vol. 24-12, July 15, 2024
Rule 106.
As used in these rules:
(a) "Par sheet" means a document which is
				  provided by the EGD manufacturer and which depicts all of the following:
(i) The possible outcomes from the play of an
				  EGD.
(ii) The probability of
				  occurrence of the outcomes.
(iii)
				  The contribution of each winning outcome to the payback percentage of the
				  EGD.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 1 - DEFINITIONS › Section R. 432.1107 - Definitions; S to U

Current through Vol. 24-12, July 15, 2024
Rule 107.
As used in these rules:
(a) "Slot machine" means a type of
				  EGD.
(b) "Slug" means a disk or
				  object which is not issued by the casino licensee and which does not have a
				  cash value.
(c) "Sole proprietor"
				  means an individual who owns 100% of the assets and who is principally liable
				  for the debts of a business, regardless of whether another person guarantees
				  payment of such debts.
(d)
				  "Standard chi-squared analysis" means the sum of the squares of the difference
				  between the expected result and the observed result.
(e) "Subsidiary" means a person, other than
				  an individual, including, without limitation, a firm, partnership, trust,
				  limited liability company, or other form of business organization in which an
				  equity interest is owned, subject to a power or right of control, or held with
				  the power to vote directly, indirectly, or in conjunction with a holding
				  company or intermediary company.
(f) "Substantial owner" means the holder of
				  any of the following:
(i) More than 5% of the
				  total combined voting power of a corporation or more than 5% of the total value
				  of shares of all classes of stock of a corporation.
(ii) More than a 5% interest in a
				  partnership.
(iii) More than 5% of
				  the value of a trust computed actuarially.
(iv) More than 5% of the legal or beneficial
				  interest in any other person. For purposes of computing the percentages in this
				  subdivision, a holder will be deemed to own any stock or other interest in a
				  person, whether owned directly, indirectly, or attributed. The term
				  "substantial owner" does not include an institutional investor, unless the
				  institutional investor has more than a 5% interest in the applicant or licensee
				  and fails to meet the standards set forth in section 6c(1) of the act, MCL
				  432.206c, for waiver of the eligibility and suitability requirements for
				  licensure under the act and these rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 1 - DEFINITIONS › Section R. 432.1108 - Definitions; V to Z

Current through Vol. 24-12, July 15, 2024
Rule 108.
As used in these rules:
(a) "Value chip" means a chip that is clearly
				  and permanently impressed, engraved, or imprinted with the name of the casino
				  and the specific value of the chip.
(b) "Voting security" means a security that
				  the holder is entitled to vote generally for the election of a member or
				  members of the board of directors or board of trustees of a corporation or a
				  comparable person or persons in the case of a partnership, trust, or another
				  form of business organization other than a corporation.
(c) "Wager" means an item that is
				  representative of value risked on a gambling game authorized under the act and
				  these rules.
(d) "Wide-area
				  progressive system" means a system of EGDs that is approved by the board and is
				  linked as part of a network connecting one or more casinos licensed by the
				  board and that has an aggregate prize or prizes.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1201 - Rules of construction

Current through Vol. 24-12, July 15, 2024
Rule 201. In the interpretation of any rules adopted by the
					 board, an ambiguity shall be resolved in favor of the interpretation which
					 would provide either of the following:
(a) The greater assurance of integrity in
				  either the operation or regulation of casino gambling.
(b) Heightened public confidence in the
				  regulation or regulatory processes relating to casino gambling.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1202 - Severability

Current through Vol. 24-12, July 15, 2024
Rule 202. If a provision of a rule promulgated by the board
					 or the application of a rule to any person or circumstance, is held invalid by
					 a court of competent jurisdiction, then the provision or application shall not
					 affect other provisions that can be given effect without the invalid provision
					 or application.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1203 - Records retention

Current through Vol. 24-12, July 15, 2024
Rule 203.
(1) Each
				  casino licensee or supplier licensee shall maintain, in a place secure from
				  theft, loss, or destruction, adequate records of its business and accounting
				  operations. A casino licensee or supplier licensee shall make the records
				  available to the board, upon request, within a reasonable time period
				  prescribed by a subpoena duces tecum or by written request of the board, the
				  executive director, or his or her designee. A casino licensee or supplier
				  licensee shall hold the records for not less than 5 years. The records shall
				  include, but not be limited to, all of the following:
(a) All correspondence with, or reports to,
				  the board or any local, state, or federal governmental agency.
(b) All correspondence concerning the
				  acquisition, construction, maintenance, or business of a proposed or existing
				  casino or support facility.
(c) A
				  personnel file on each employee.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1204 - Forms, fees, documents, papers, and other materials; manner and form of submittal

Current through Vol. 24-12, July 15, 2024
Rule 204. Unless otherwise permitted or required, a person
					 shall submit all forms, fees, documents, papers, and other materials to the
					 board's principal office, in the manner and form prescribed by the
					 board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1205 - Scope of board approval

Current through Vol. 24-12, July 15, 2024
Rule 205. An action of the board regarding an applicant or
					 licensee relates only to the applicant's or licensee's qualification for
					 licensure under the act and these rules and does not indicate or suggest that
					 the board has considered or passed on the qualifications or application of the
					 applicant or licensee for any other purpose.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1206 - Duty to disclose changes in information

Current through Vol. 24-12, July 15, 2024
Rule 206.
(1)
				  Except as otherwise provided in these rules, if an obligation has been placed
				  upon a licensee to report or submit information to the board, the reporting or
				  submission may be accomplished by providing the information to an employee of
				  the board or a member of the Michigan state police assigned to assist the
				  board.
(2) A licensee or an
				  applicant for a license has a continuing duty to disclose promptly any material
				  changes in information provided to the board as soon as the applicant or
				  licensee becomes aware of the change. The duty to disclose changes in
				  information continues throughout any period of licensure granted by the board.
				  A licensee or applicant shall make sure that all required release of
				  information forms submitted to the board are current.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1207 - Applicant or licensee disclosure of representatives

Current through Vol. 24-12, July 15, 2024
Rule 207.
(1) An
				  applicant or licensee shall file, with the board, a list of persons authorized
				  to act on the applicant's or licensee's behalf as to any matter before the
				  board. An attorney appearing on behalf of an applicant or licensee in a matter
				  before the board shall promptly file an appearance identifying his or her
				  client and the matter in which the attorney will appear.
(2) A person holding or applying for a casino
				  license or supplier license shall establish and identify a registered agent
				  within Michigan for the purpose of accepting service of process, notices, and
				  other forms of communication for the person holding or applying for a casino
				  license or supplier license.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1208 - Casino licensee and supplier licensee duty to investigate job applicants

Current through Vol. 24-12, July 15, 2024
Rule 208. A casino licensee or supplier licensee shall
					 conduct a reasonable investigation of the background of employees whose duties
					 are related to, or involved in, the conduct of gambling operations in Michigan
					 to reasonably ensure that the employee is eligible and suitable for the
					 employment under the licensing standards and other requirements of the act and
					 these rules. A casino licensee or supplier licensee shall keep and maintain
					 written records of investigations for all employees. A casino licensee or
					 supplier licensee shall make the written records available to the board, upon
					 request, within a reasonable time period prescribed by the board. Licensure by
					 the board may not be relied on by the licensee as the sole criterion for hiring
					 a job applicant.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1209 - Investigative hearings

Current through Vol. 24-12, July 15, 2024
Rule 209.
(1) The
				  board, when necessary, may conduct hearings for the purpose of investigating an
				  applicant, an application, a licensee, or a third party to gather information
				  regarding eligibility and suitability for licensure, alleged violations of the
				  act or these rules, or other board action under the act or these
				  rules.
(2) The board may require an
				  applicant, a licensee, or a key person or employee of an applicant or licensee
				  to testify or to produce any documents, records, or other materials at a
				  proceeding conducted under this rule.
(3) The board, through its executive director
				  or his or her designee, may issue subpoenas for the production of persons,
				  documents, or other items at a proceeding conducted under this rule.
(4) All testimony at proceedings conducted
				  under this rule shall be given under oath or affirmation administered by a
				  board member, hearing officer, or the executive director or a person designated
				  by the executive director.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1210 - Participation in games by owners, directors, officers, key persons, or gaming employees prohibited

Current through Vol. 24-12, July 15, 2024
Rule 210.
An officer, director, key person, managerial employee, or
					 occupational licensee of a casino licensee or a licensed managerial employee of
					 a related casino enterprise shall not play or be permitted to play any gambling
					 game at the casino at which the person is employed or licensed or which is
					 related to the casino operation at which the person is employed and licensed. A
					 person specified in this rule shall not be permitted to redeem chips or
					 instruments of monetary value for any other person, except that a person may
					 redeem chips or instruments of monetary value in the course of his or her
					 employment with a casino licensee.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1211 - Receipt of commercially reasonable consideration for contracts and transactions required

Current through Vol. 24-12, July 15, 2024
Rule 211. An applicant for, or holder of, a casino license
					 or supplier license may not enter into or perform any contract or transaction
					 in connection with gambling operations or casino operations related to the
					 casino license or supplier license for which application has been made or which
					 the licensee holds unless the applicant or licensee transfers or receives
					 consideration that is commercially reasonable.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1212 - Weapons in casino

Current through Vol. 24-12, July 15, 2024
Rule 212.
(1) An
				  individual may not carry a firearm or other weapon in a casino, except for any
				  of the following:
(a) State, county, city,
				  township, or village law enforcement officers, as that term is defined in
				  section 2(f) of the Michigan commission on law enforcement standards act, 1965
				  PA 203, MCL 28.602.
(b) Federal law
				  enforcement officers, as that term is defined in
				  5 USC
				  8331.
(c) Armored car personnel picking up or
				  delivering currency at secured areas.
(d) Retired police officers, law enforcement
				  officers, or federal law enforcement officers who hold a license to carry a
				  concealed pistol under 1927 PA 372, MCL 28.421 to 28.435, as referenced in
				  section 5o(5)(a) of 1927 PA 372, MCL 28.425o.
(e) Retired law enforcement officers who are
				  certified to carry a concealed firearm under the Michigan retired law
				  enforcement officer's firearm carry act, 2008 PA 537, MCL 28.511 to
				  28.527.
(f) Casino security
				  personnel licensed to carry a concealed pistol under 1927 PA 372, MCL 28.421 to
				  28.435, while on duty and only as permitted by the casino licensee.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1213 - Board procedure

Current through Vol. 24-12, July 15, 2024
Rule 213. Except as otherwise provided in these rules, the
					 act, or other statute, the board shall determine its practices and internal
					 rules of procedure.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1214 - Authority of executive director; authority

Current through Vol. 24-12, July 15, 2024
Rule 214.
The board delegates to its executive director all power and
					 authority to act in the name of the board with respect to all reasonable,
					 necessary, and appropriate actions to administer and carry out the
					 administrative and executive functions of the board, including, but not limited
					 to, the power to do any of the following:
(a) Execute and enter into contracts on
				  behalf of the board.
(b) Incur
				  reasonable and necessary expenses in the name of the board in the manner
				  provided by law.
(c) Take and hold
				  property on behalf of the board.
(d) Hire and fire employees of the
				  board.
(e) Issue subpoenas for the
				  attendance of witnesses.
(f)
				  Administer oaths.
(g) Issue and
				  renew temporary occupational and supplier licenses.
(h) Request and accept documents, plans,
				  procedures, amendments to procedures, and other information necessary for the
				  board to carry out its duties under the act and these rules.
(i) Conduct investigations, inspections,
				  audits, share information with law enforcement agencies and the city, and
				  engage in other functions necessary to the proper administration and
				  enforcement of the act and these rules.
(j) Grant requests and waivers, answer
				  inquiries, issue interpretations, and otherwise take any action that is
				  reasonably requested by applicants, licensees, and holders of certificates of
				  suitability in furtherance of, and consistent with, the efficient
				  administration and enforcement of the provisions of the act and these rules, as
				  determined to be necessary or appropriate by the executive director.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1215 - Contracts; purchasing system

Current through Vol. 24-12, July 15, 2024
Rule 215.
The casino licensee or casino license applicant shall
					 maintain all of its contracts that relate to its Michigan casino or gambling
					 operations. The board, executive director, employees of the board, the state
					 police, or attorney general shall be allowed unrestricted access to any
					 contract or transaction entered into by a casino licensee or casino license
					 applicant upon demand. The licensee or applicant may be required by the board
					 to promptly submit copies of any contract upon written request of the board,
					 the executive director, an employee of the board, the Michigan state police, or
					 attorney general.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1216 - Contract requirements

Current through Vol. 24-12, July 15, 2024
Rule 216.
(1) A
				  contract or transaction entered into by a casino licensee or a casino license
				  applicant that is more than $50,000.00 shall be a written contract.
(2) The board may direct a casino licensee or
				  casino license applicant to cancel any contract or transaction that the board
				  determines does not comply with the act and this part.
(3) A contract entered into by a casino
				  licensee or casino license applicant shall contain a provision permitting the
				  casino licensee or casino license applicant to terminate the contract if the
				  board determines that the contract does not comply with the act or these
				  rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Michigan Gaming Control Board - Administrative Rules - Casino Gaming (Parts 1-16) › Part 2 - GENERAL PROVISIONS › Section R. 432.1218 - Related party contracts or transactions

Current through Vol. 24-12, July 15, 2024
Rule 218.
(1)
				  Unless otherwise directed by the board, the internal control procedures for
				  disclosure and approval of related party contracts or transactions do not apply
				  to any of the following transactions:
(a)
				  Transactions between a casino licensee or a casino license applicant and a
				  supplier licensee.
(b) The payment
				  of dividends or other distributions to shareholders.
(c) Scheduled repayments of related party
				  debt.