Louisiana Administrative Code › Title 42 - LOUISIANA GAMING › Part XV - Lottery › Chapter 11 - Lottery Sports Wagering › Subchapter A - General Provisions › Section XV-1103 - Definitions

Current through Register Vol. 50, No. 6, June 20, 2024
A. The following
				  words and terms shall have the meaning set forth herein when used in the
				  policies and rules.
Act
-the provisions of the Louisiana
					 Lottery Corporation Law,
					 R.S.
					 47:9001 et seq.
Anti-Money Laundering Standards
or
AML
-the requirements and guidelines provided in the federal
					 Bank Secrecy Act of 1970, as amended, and the Anti-Money Laundering Act of
					 2020, as amended, for the prevention and detection of money laundering and the
					 financing of terrorism.
Applicant
-a person, business, or legal
					 entity who has submitted an application to the corporation seeking a permit or
					 the renewal of a permit.
Application
-the forms and schedules
					 prescribed by the corporation upon which an applicant seeks a permit or the
					 renewal of a permit. An application shall also include any other information or
					 fee required by the corporation to be submitted with an application such as
					 disclosure statements, financial statements, and any type of fee.
Board
-the board of directors of the
					 Louisiana Lottery Corporation.
Corporation
-the Louisiana Lottery
					 Corporation.
Distributor
-a permitted business or legal
					 entity that is domiciled in this state and markets, buys, sells, leases,
					 services, or repairs sports wagering mechanisms in this state.
Electronic Sports Wagering
-sports wagering
					 via a sports wagering mechanism on the premises of a permitted retail
					 establishment or via a website or mobile application.
Lottery
-any game of chance approved by the
					 corporation and operated pursuant to this Chapter and shall not include sports
					 wagering authorized pursuant to this Subtitle.
Major Procurement
-any item, product, or
					 service in the amount of one hundred thousand dollars or more, including but
					 not limited to major advertising contracts, annuity contracts, prize products,
					 and services unique to the Louisiana lottery, but not including materials,
					 supplies, equipment, and services common to the ordinary operations of a
					 corporation.
Manufacturer
-a permitted person that
					 contracts with an operator to manufacture a self-service sports wagering
					 mechanism.
Mobile Application
-an application on a
					 mobile phone or other device through which a player is able to register, fund,
					 and place a wager with an operator on a sports event and receive a credit on
					 their sports wagering account.
Mobile Wagering
-wagering on a sports event
					 through a website or mobile application.
Net Gaming Proceeds
-the amount equal to
					 the total gross revenue of all sports wagers placed by patrons less the total
					 amount of all winnings paid out to patrons.
Net Proceeds
-gross lottery revenues less
					 amounts paid or estimated to be paid as prizes and expenses of operation of the
					 lottery.
Operator Vendor
-a permitted person that
					 contracts with an operator to provide products or services related to sports
					 wagering but not including products and services common to the ordinary
					 operations of a corporation.
Patron
or
Player
-an
					 individual who places a wager on a sports event.
Permit
-any permit or authorization, or
					 application therefor, issued pursuant to the provisions of this
					 Subtitle.
Permittee
-any person who is issued a
					 permit pursuant to the provisions of this Subtitle.
Person
-any individual, corporation,
					 partnership, unincorporated association, or other legal entity.
Personnel
-permitted employees that
					 directly participate in the conduct and operation of the sports book.
President
-the president of the Louisiana
					 Lottery Corporation, who shall also serve as chief executive officer of the
					 corporation.
Retail Establishment
-a retail business
					 that is permitted by the corporation to host a sports wagering
					 mechanism.
Retailer
-any person with whom the
					 corporation has contracted to sell lottery tickets to the public.
Security
-the protection of information
					 that would provide an unfair advantage to any individual involved in the
					 operation of the lottery, protection, and preservation of the integrity of
					 lottery games and operations, as well as measures taken to prevent crimes
					 against the corporation and its retailers.
Sports Book
-the offering of sports
					 wagering by a sports wagering platform provider on the premises of a permitted
					 retail establishment or through a sports wagering platform.
Sports Event
-any professional sport or
					 athletic event, any collegiate sport or athletic event, any Olympic or
					 international sports competition event, or any other special event or
					 competition of relative skill as authorized by the corporation to be a sports
					 event for purposes of this Chapter. "Sports event" shall not include high
					 school sports, youth events, any international sports events where the majority
					 of the athletes are under the age of eighteen years old, electronic sports,
					 competitive video games, fantasy sports contests as provided in Chapter 6 of
					 Title 27 of the Louisiana Revised Statutes of 1950, and any event prohibited by
					 law.
Sports Wager
or
Sports
					 Bet
-a sum of money or representation of value risked by a player on an
					 occurrence associated with a sports event for which the outcome is uncertain.
					 The term includes but is not limited to singlegame bets, teaser bets, parlay
					 bets, over-under bets, money line bets, pools, exchange wagering, in-game
					 wagering, inplay bets, proposition bets, and straight bets.
Sports Wagering
-the acceptance of a wager
					 on a sports event or on a portion of a sports event or on the individual
					 performance or statistics of an athlete or participant in a sports event or a
					 combination of sports events, by any system or method of wagering.
Sports Wagering Account
-an electronic
					 financial record established with an operator for an individual patron in which
					 the patron may deposit and withdraw funds for sports wagering and other
					 authorized purchases and to which the operator may credit winnings or other
					 amounts due to that patron or authorized by that patron.
Sports Wagering Mechanism
or
Kiosk
-a corporation approved self-service mechanical,
					 electrical, or computerized terminal, device, apparatus, or piece of equipment
					 that is directly tied to the central system of the sports wagering platform
					 provider approved by and contracting with the corporation, which allows a
					 patron to place a sports wager on premises of a permitted retail establishment.
					 Sports wagering mechanism does not include a personal computer, mobile phone,
					 or other device owned and used by a player to wager on a sports event.
Sports Wagering Platform
-an integrated
					 system of hardware, software, or applications, including mobile applications
					 and servers, through which an operator conducts the business of offering sports
					 wagering conducted in accordance with this Subtitle.
Sports Wagering Platform Provider
or
Operator
-a suitable person that holds a permit from the
					 corporation to engage in the operation of a sports book on behalf of the
					 corporation.
Sports Wagering Service Provider
-a person
					 that holds a permit from the corporation that contracts with an operator to
					 provide support services for the operation of a sports book.
Supplier
-a permitted person that contracts
					 with an operator to provide goods or services related to sports wagering but
					 not including materials, supplies and services common to the ordinary
					 operations of a corporation.
Vendor
-any person who has entered into a
					 major procurement contract with the corporation.
AUTHORITY
					 NOTE: Promulgated in accordance with
					 R.S.
					 47:9001 et
					 seq.