Iowa Administrative Code › Agency 491 - Racing and Gaming Commission › Chapter 14 - Fantasy Sports Contests › Rule 491-14.8 - Fantasy Sports Contest Service Provider Requirements

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Internal controls.
Licensees shall submit a description of
			 internal controls to the administrator. The submission shall be made at least
			 30 days before fantasy sports contest operations are to commence unless
			 otherwise approved by the administrator. All internal controls must be approved
			 by the administrator prior to commencement of contest operations. The service
			 provider shall submit to the administrator any changes to the internal controls
			 previously approved at least 15 days before the changes are to become effective
			 unless otherwise directed by the administrator. It shall be the affirmative
			 responsibility and continuing duty of each licensee and its employees to follow
			 and comply with all internal controls. The submission shall include controls
			 and reasonable methods that comply with and provide for:
a. Prevention of employees of the internet
			 fantasy sports contest service provider and relatives living in the same
			 household of such employees from competing in any internet fantasy sports
			 contest on the service provider's digital platform in which the service
			 provider offers a prize to the public.
b. Verification that any fantasy sports
			 contest player is 21 years of age or older.
c. Restriction of entries from coaches,
			 officials, athletes, contestants, or other individuals who participate in a
			 game or contest that is the subject of an internet fantasy sports contest in
			 which the outcome is determined, in whole or in part, by the accumulated
			 statistical results of a team of individuals in the game or contest in which
			 they participate. Licensees shall demonstrate the capability, subject to review
			 and approval by the administrator, to prevent prohibited persons from
			 participating in contests in which they are not allowed to participate by
			 implementing one of the following:
(1)
			 Organize and maintain a list of prohibited persons.
(2) Participate in a third-party association
			 or group that organizes and maintains a list of prohibited persons.
d. An easy and obvious method for
			 a player to make a complaint and to enable the player to notify the commission
			 if such complaint has not been or cannot be resolved by the licensee.
e. Measures used to determine the true
			 identity, date of birth, and address of each player seeking to open an
			 account.
f. Standards and
			 procedures used to monitor fantasy sports contests to detect the use of
			 unauthorized scripts and restrict players found to have used such scripts from
			 further fantasy sports contests.
g.
			 Prevention of unauthorized withdrawals from a registered player's account by
			 the service provider or others.
h.
			 How the service provider will accept wagers within the permitted
			 boundary.
i. How the service
			 provider will segregate fantasy sports contest player funds from operational
			 funds.
j. Protection of a fantasy
			 sports contestant's personal and private information.