reglab/statecodes huggingface dataset:
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.544d - Fantasy contest player account withdrawal

Current through Vol. 24-12, July 15, 2024
Rule 544d.
(1) A
				  fantasy contest player must be allowed to withdraw the funds maintained in his
				  or her fantasy contest player account, whether the account is open or closed,
				  except as otherwise provided in these rules or any applicable state or federal
				  law.
(2) A fantasy contest operator
				  or licensed management company must honor the fantasy contest player's request
				  to withdraw funds within 10 business days after the request, unless the
				  conditions set forth in subrule (3) of this rule are met.
(3) The fantasy contest operator or licensed
				  management company may decline to honor a fantasy contest player's request to
				  withdraw funds only if the fantasy contest operator or licensed management
				  company believes in good faith that the fantasy contest player engaged in
				  either fraudulent conduct or other conduct that would put the fantasy contest
				  operator or licensed management company in violation of the act and these rules
				  or any other applicable state or federal law. In such cases, the fantasy
				  contest operator or licensed management company must do all of the following:
(a) Provide notice to the fantasy contest
				  player of the nature of the investigation of the fantasy contest player
				  account.
(b) Conduct its
				  investigation in a reasonable and expedient fashion, providing the fantasy
				  contest player additional written notice of the status of the investigation
				  every tenth business day starting from the day the original notice was provided
				  to the fantasy contest player.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.544e - Fantasy contest player account review requirements

Current through Vol. 24-12, July 15, 2024
Rule 544e. All adjustments to fantasy contest player
					 accounts for amounts of $500.00 or less must be periodically reviewed by
					 supervisory personnel as set forth in the fantasy contest operator's or
					 licensed management company's procedures and internal controls. All other
					 adjustments must be authorized by supervisory personnel before being
					 entered.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.545 - Fantasy contest player account and playing history

Current through Vol. 24-12, July 15, 2024
Rule 545.
(1) A
				  fantasy contest operator or licensed management company shall provide a fantasy
				  contest player access to the fantasy contest player's playing history that must
				  include, but is not limited to, a summary of entry fees expended, fantasy
				  contests played, previous lineups, and prizes awarded.
(2) A fantasy contest platform must provide
				  an account statement with fantasy contest player account details to a fantasy
				  contest player on demand, which must include detailed account activity for at
				  least 6 months. In addition, a fantasy contest platform must, upon request, be
				  capable of providing a summary statement of fantasy contest player account
				  activity for at least the past 2 years.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.546 - Fantasy contest player account closure

Current through Vol. 24-12, July 15, 2024
Rule 546. A fantasy contest operator or licensed management
					 company must provide a conspicuous and readily accessible method for a fantasy
					 contest player to close his or her fantasy contest player account through the
					 account management page or a similar page or through the fantasy contest
					 operator's or licensed management company's customer support team. Any balance
					 remaining in a fantasy contest player account closed by a fantasy contest
					 player must be refunded pursuant to the fantasy contest operator's or licensed
					 management company's procedures and internal controls.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.547 - Fantasy contest player dormant accounts

Current through Vol. 24-12, July 15, 2024
Rule 547. A fantasy contest operator or licensed management
					 company shall consider a fantasy contest player account to be dormant if the
					 fantasy contest player has not logged into the fantasy contest player account
					 for at least 3 years. A dormant fantasy contest player account must be closed
					 by the fantasy contest operator or licensed management company. Any balance
					 remaining in a dormant fantasy contest player account must be refunded or
					 escheated in accordance with the fantasy contest operator's or licensed
					 management company's procedures and internal controls.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 4 - FANTASY CONTEST PLAYER ACCOUNTS › Section R. 432.548 - Suspension and restoration of fantasy contest player accounts

Current through Vol. 24-12, July 15, 2024
Rule 548.
(1) A
				  fantasy contest operator or licensed management company must employ a mechanism
				  that places a fantasy contest player account in a suspended mode under any of
				  the following conditions:
(a) When requested
				  by the fantasy contest player for a specified period of time, which must not be
				  less than 72 hours.
(b) When
				  required by the board.
(c) Upon a
				  determination that a fantasy contest player is a prohibited person.
(d) If the fantasy contest player has
				  committed a violation of the act or these rules.
(e) When initiated by a fantasy contest
				  operator or licensed management company that has evidence that indicates any of
				  the following:
(i) Illegal or fraudulent
				  activity.
(ii) A negative fantasy
				  contest player account balance.
(iii) A violation of the fantasy contest
				  player account terms and conditions on the fantasy contest player
				  account.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 5 - PROCEDURES AND INTERNAL CONTROLS; AUDIT › Section R. 432.551 - Fantasy contest operator and licensed management company procedures and internal controls

Current through Vol. 24-12, July 15, 2024
Rule 551.
(1) A
				  fantasy contest operator and any licensed management company that manages
				  day-to-day fantasy contest operations of the fantasy contest operator must
				  submit to, and receive approval from, the board commercially reasonable
				  procedures and internal controls intended to accomplish all of the following:
(a) Ensure compliance with
				  R 432.532h, including, but not
				  limited to, procedures designed to do both of the following:
(i) Prevent a person from establishing a
				  fantasy contest player account if the person is prohibited from establishing a
				  fantasy contest player account under
				  R 432.532a to
				  R 432.532g.
(ii) Prevent a person from entering or
				  participating in any fantasy contest the person is prohibited from entering or
				  participating in under
				  R 432.532a to
				  R 432.532g, or from entering or
				  participating in a fantasy contest in any other manner in violation of
				  R 432.532a to
				  R 432.532g.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 5 - PROCEDURES AND INTERNAL CONTROLS; AUDIT › Section R. 432.552 - Emergency procedures

Current through Vol. 24-12, July 15, 2024
Rule 552.
(1) In
				  the event of an emergency, a fantasy contest operator or licensed management
				  company may temporarily amend its procedures and internal controls. The board
				  must be notified that an emergency exists before temporarily amending the
				  procedures and internal controls.
(2) A fantasy contest operator or licensed
				  management company must submit the temporary emergency amendment of the
				  procedures and internal controls to the board within 3 days of the amendment.
				  The submission must include the detailed emergency procedures that were or will
				  be implemented and the time period the emergency procedures were or will be
				  temporarily in place. Any concerns the board has with the submission must be
				  addressed by the fantasy contest operator or licensed management
				  company.
(3) As soon as the
				  circumstances necessitating the emergency amendment to the procedures and
				  internal controls abate, the fantasy contest operator or licensed management
				  company must resume compliance with the procedures and internal controls that
				  were approved by the board or otherwise allowed to be implemented in accordance
				  with these rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 5 - PROCEDURES AND INTERNAL CONTROLS; AUDIT › Section R. 432.553 - Failure to comply with requirements

Current through Vol. 24-12, July 15, 2024
Rule 553. If the board determines that the fantasy contest
					 operator's or licensed management company's procedures and internal controls do
					 not comply with the requirements of these rules or require improvement, then
					 the board shall notify the fantasy contest operator or licensed management
					 company in writing. Within 30 days after receiving the notification or as
					 otherwise directed by the board, the fantasy contest operator or licensed
					 management company must amend its written procedures and internal controls
					 accordingly and must submit, for board approval, a copy of the written
					 procedures and internal controls, as amended, and a description of any other
					 remedial measure taken.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 5 - PROCEDURES AND INTERNAL CONTROLS; AUDIT › Section R. 432.554 - Independent financial audit

Current through Vol. 24-12, July 15, 2024
Rule 554.
(1) By
				  July 1 of each year, a fantasy contest operator and any licensed management
				  company that manages day-to-day fantasy contest operations of the fantasy
				  contest operator must contract with an independent certified public accountant
				  to perform an independent audit, in accordance with generally accepted
				  accounting principles, of the financial condition of the fantasy contest
				  operator's and licensed management company's total operations for the previous
				  fiscal year and assess the fantasy contest operator's and licensed management
				  company's compliance with
				  R 432.535a and section 14 of the
				  act, MCL 432.514.
(2) A fantasy contest operator and any
				  licensed management company that manages day-to-day fantasy contest operations
				  of the fantasy contest operator must submit an audit engagement letter to the
				  board at least 30 days before the commencement of the audit. The audit
				  engagement letter must meet all of the following conditions, at a minimum:
(a) The scope of the audit must include, at a
				  minimum, each area required under subrule (1) of this rule.
(b) The audit must be performed in accordance
				  with generally accepted auditing standards or their equivalent as approved by
				  the board.
(c) The audit must
				  assess the fair presentation of fantasy contest adjusted revenues and payment
				  of all required taxes and fees required under the act and these
				  rules.
(d) The audit report must
				  contain an opinion of the independent certified public accountant as to its
				  fair presentation in accordance with generally accepted accounting
				  principles.
(e) The audit must meet
				  any other conditions considered appropriate by the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 5 - PROCEDURES AND INTERNAL CONTROLS; AUDIT › Section R. 432.554a - Independent compliance audit

Current through Vol. 24-12, July 15, 2024
Rule 554a.
(1)
				  Each year, a fantasy contest operator and any licensed management company that
				  manages day-to-day fantasy contest operations of the fantasy contest operator
				  must contract with an independent testing laboratory or another professional
				  service provider authorized by the board to assess the fantasy contest
				  operator's and licensed management company's compliance with part 3 and part 4
				  of these rules, except for
				  R 432.535a, and verify the integrity
				  of the fantasy contest platform used by the fantasy contest operator and
				  licensed management company to operate fantasy contests.
(2) A fantasy contest operator and any
				  licensed management company that manages day-to-day fantasy contest operations
				  of the fantasy contest operator must submit an audit engagement letter to the
				  board at least 30 days before the commencement of the audit. The audit
				  engagement letter must meet all of the following conditions, at a minimum:
(a) The scope of the audit must include, at a
				  minimum, each area required under subrule (1) of this rule.
(b) The audit must be performed in accordance
				  with attestation standards established by the American Institute of Certified
				  Public Accountants or their equivalent as approved by the board.
(c) The audit report must include a listing
				  of all instances of non-compliance and an overall assessment of the integrity
				  of the fantasy contest platform used to operate fantasy contests.
(d) The audit must meet any other conditions
				  considered appropriate by the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Fantasy Contest Rules › Part 5 - PROCEDURES AND INTERNAL CONTROLS; AUDIT › Section R. 432.555 - Recordkeeping and retention

Current through Vol. 24-12, July 15, 2024
Rule 555.
(1) A
				  fantasy contest operator or licensed management company must keep and maintain
				  accurate, complete, and legible records of any books, records, or documents
				  pertaining to, prepared in, or generated by the fantasy contest operator or
				  licensed management company, including, but not limited to, all of the
				  following:
(a) Forms.
(b) Reports.
(c) Accounting records.
(d) Ledgers.
(e) Subsidiary records.
(f) Computer generated data.
(g) Internal audit records.
(h) Correspondence.
(i) Personnel records.
(j) Records of all transactions related to
				  fantasy contest operations.
(k)
				  Records required by the act, these rules, and the fantasy contest operator's or
				  licensed management company's procedures and internal controls.
(l) Records supporting the calculation of
				  fantasy contest adjusted revenues and the related taxes.
(m) Other records deemed necessary by the
				  board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.613 - Board duties, jurisdiction, and authority

Current through Vol. 24-12, July 15, 2024
Rule 613.
(1) To
				  execute and administer the act for the purpose of licensing, regulating, and
				  enforcing lawful internet gaming, the board may do all of the following:
(a) Determine its practices and internal
				  policies or procedures.
(b)
				  Delegate to the executive director all powers 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:
(i) Execute and enter into contracts on
				  behalf of the board.
(ii) Hire and
				  fire employees of the board and administer oaths.
(iii) Issue subpoenas for the attendance of
				  witnesses and the production of documents.
(iv) Issue and renew licenses.
(v) Register vendors.
(vi) Conduct investigations, inspections, and
				  audits, share information with law enforcement agencies, conduct hearings, and
				  settle alleged violations of the act and these rules.
(vii) Engage in other functions necessary to
				  the proper administration and enforcement of the act and these rules.
(viii) Grant requests and waivers, answer
				  inquiries, issue interpretations, and otherwise take any action that is
				  reasonably requested by applicants, licensees, and vendors in furtherance of,
				  and consistent with, the efficient administration and enforcement 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 › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.614 - Denial or non-renewal hearings

Current through Vol. 24-12, July 15, 2024
Rule 614.
(1) A
				  person whose application for a license or a transfer of ownership has been
				  denied, whose license has not been renewed, or who has been denied an approval
				  from the board required in these rules may request a hearing. The hearing must
				  be de novo.
(2) The person must
				  submit an original hearing request, pleading, or other written document to the
				  board, serve each party or attorney of record, and provide a proof of service
				  on each party or attorney of record.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.614a - Request for hearing

Current through Vol. 24-12, July 15, 2024
Rule 614a.
(1) A
				  request for hearing must meet all of the following requirements:
(a) Be in writing.
(b) State the name, current address, and
				  current telephone number of the petitioner.
(c) State in detail the reasons why, and the
				  facts upon which the petitioner will rely to show that, the petitioner's
				  application for a license should not have been denied, the license should have
				  been renewed, the transfer of ownership should have been approved, or approval
				  should have been granted.
(d) Be
				  signed, verified, and dated. A petitioner must have the verification notarized
				  and include a certification stating, "Under the penalty of perjury, the
				  undersigned has examined this request for hearing and to the best of my
				  knowledge and belief it is true, complete, and correct."
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.614b - Proceedings

Current through Vol. 24-12, July 15, 2024
Rule 614b.
(1) The
				  burden of proof is at all times on the petitioner. The petitioner has the
				  affirmative responsibility of establishing, by clear and convincing evidence,
				  any of the following:
(a) The petitioner
				  should have been awarded a license.
(b) The license should have been
				  renewed.
(c) The transfer of
				  ownership should have been approved.
(d) Approval should have been
				  granted.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.614c - Prohibition on ex parte communication

Current through Vol. 24-12, July 15, 2024
Rule 614c. A party or its attorney must not communicate
					 directly or indirectly with the hearing officer regarding any pending matter,
					 except upon notice and opportunity for all parties to participate. A party that
					 engages in ex parte communication with the hearing officer may be subject to
					 sanctions and penalties.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.614d - Sanctions and penalties

Current through Vol. 24-12, July 15, 2024
Rule 614d.
(1) The
				  hearing officer may recommend sanctions and penalties if the hearing officer
				  finds that a party has failed to appear at a scheduled hearing, has acted in
				  bad faith for the purpose of delay, or has otherwise abused the hearing
				  process. Sanctions and penalties include, but are not limited to, a fine or
				  default judgment or a directed finding on 1 or more issues.
(2) If a petitioner refuses to testify on his
				  or her own behalf with respect to any question propounded to him or her, then
				  the hearing officer may infer that the testimony or answer would have been
				  adverse to the case of the petitioner.
(3) If the petitioner or attorney of record
				  fails to answer a subpoena or refuses to testify fully at the request of the
				  board, then the failure may be considered independent grounds for a finding
				  that the petitioner should have been denied a license or the transfer of
				  ownership. The hearing officer may also infer from the failure to answer a
				  subpoena or refusal to testify fully that the testimony would have been adverse
				  to the petitioner.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.614e - Recording proceedings; transmittal of record and board action

Current through Vol. 24-12, July 15, 2024
Rule 614e.
(1)
				  Oral proceedings involving contested issues must be recorded to ensure the
				  preservation of the testimony. A party may request a transcript of the
				  proceedings. The requesting party must pay for the transcript.
(2) Unless otherwise specified by the board,
				  the hearing officer, within 60 days after the conclusion of the hearing, or the
				  submission of post-hearing briefs or proposed findings of fact, shall issue, to
				  the board and to the parties, written findings of fact, conclusions of law, and
				  recommendations. Findings of fact must be based exclusively on testimony,
				  evidence, and matters within the record. The findings of fact must be stated
				  separately.
(3) Unless otherwise
				  agreed to by the parties or as set by the hearing officer, the parties have 21
				  days after the service of the findings of fact, conclusions of law, and
				  recommendations of the hearing officer to file objections.
(4) Unless otherwise agreed to by the parties
				  or as set by the hearing officer, the parties may file a response to the
				  objections within 21 days after service of the objections.
(5) After the time period for the parties to
				  file objections and responses to those objections, the hearing officer must
				  transmit the entire record to the board.
(6) Before issuing a final order, the board
				  must consider the record as a whole.
(7) After considering the record, the board
				  may take any of the following actions:
(a)
				  Affirm the written recommendations, findings of fact, and conclusions of law
				  submitted by the hearing officer as its final board order.
(b) Issue a final order modifying the written
				  recommendations, findings of fact, and conclusions of law submitted by the
				  hearing officer.
(c) Issue a final
				  order rejecting the written recommendations, findings of fact, and conclusions
				  of law submitted by the hearing officer.
(d) Issue an order remanding the matter, with
				  instructions, to the hearing officer for further proceedings.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.615 - Request for declaratory ruling; form; contents

Current through Vol. 24-12, July 15, 2024
Rule 615.
(1) An
				  individual who requests a declaratory ruling from the board as to the
				  applicability to an actual state of facts of a statute, rule, resolution, or
				  order administered, promulgated, or issued by the board must do so in
				  writing.
(2) The written request
				  must contain the relevant and material facts along with a reference to the
				  statute, rule, resolution, or order applicable.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.615a - Declaratory ruling; notice of issuance; request for information or arguments; hearing

Current through Vol. 24-12, July 15, 2024
Rule 615a.
(1)
				  Within 90 days after the receipt of a request for a declaratory ruling, the
				  board shall issue a written notification by regular first-class mail to the
				  petitioner and the petitioners legal counsel, if any, stating whether or not a
				  declaratory ruling will be issued.
(2) If the board decides to issue a
				  declaratory ruling, the board may do any of the following:
(a) Request more information from the
				  individual.
(b) Request information
				  from other interested parties.
(c)
				  Request information from experts outside the board.
(d) Request oral or written arguments from
				  interested parties.
(e) Hold a
				  hearing upon proper notice to all interested parties.
(f) Decline to issue a declaratory
				  ruling.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.616 - Reasons for investigation of, or disciplinary action against, licensee; hearing procedure

Current through Vol. 24-12, July 15, 2024
Rule 616.
(1) The
				  board may initiate an investigation or a disciplinary action, or both, against
				  a licensee if the board has reason to believe that at least 1 of the following
				  applies:
(a) The licensee is not maintaining
				  suitability for licensure as provided by the act.
(b) The licensee is not complying with
				  licensure conditions.
(c) The
				  licensee is not complying with all laws, rules, orders, and
				  resolutions.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.616a - Actions available to hearing officer

Current through Vol. 24-12, July 15, 2024
Rule 616a.
(1) A
				  hearing officer may recommend sanctions and penalties if the hearing officer
				  finds that a party has failed to appear for a scheduled hearing, acted in bad
				  faith for the purpose of delay, or has otherwise abused the hearing
				  process.
(2) If a respondent fails
				  to testify on the respondent's own behalf with respect to any question
				  propounded to the respondent, the hearing officer may infer that the testimony
				  or answer would have been adverse to the case of the respondent.
(3) If the respondent or attorney of record
				  fails to answer a subpoena or refuses to testify fully at the request of the
				  board, the failure may be considered independent grounds for a finding that the
				  respondent should be disciplined. The hearing officer may also infer that the
				  testimony would have been adverse to the respondent.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.616b - Actions available to the board

Current through Vol. 24-12, July 15, 2024
Rule 616b. The board may take any of the following
					 disciplinary actions against a licensee:
(a) Suspend, revoke, restrict, or place
				  conditions on the license of a licensee.
(b) Require the removal of a licensee or the
				  removal of an employee of a licensee.
(c) Impose a civil penalty for each violation
				  of the act, rules, orders, or resolutions.
(d) Impose against an occupational licensee,
				  for each violation of the act or these rules, a civil penalty of not more than
				  $10,000.00 as a result of the violation or attempted violation of the act or
				  these rules.
(e) Any other action
				  considered necessary by the board to ensure compliance with the act or these
				  rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.617 - Special proceedings

Current through Vol. 24-12, July 15, 2024
Rule 617.
(1) The
				  board may suspend a license without notice or hearing if the board determines
				  that the safety or health of persons or employees or the integrity of internet
				  gaming is jeopardized by continuing an operation or that the action is
				  necessary for the immediate preservation of the integrity of internet gaming,
				  public peace, health, safety, morals, good order, or general welfare.
(2) The suspension may remain in effect until
				  the board determines that the cause for suspension has been abated.
(3) Following a hearing, the board may revoke
				  the license upon a determination that satisfactory progress toward abating the
				  hazard has not been made.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 1 - GENERAL PROVISIONS › Section R. 432.618 - Waiver of requirements

Current through Vol. 24-12, July 15, 2024
Rule 618. The board may, in writing, waive, restrict, or
					 alter any requirement or procedure set forth in these rules, if the board
					 determines any of the following:
(a)
				  That the requirement or procedure is impractical or burdensome.
(b) That the waiver, restriction, or
				  alteration is in the best interest of the public and the internet
				  gaming.
(c) That the waiver,
				  restriction, or alteration is not outside the technical requirements necessary
				  to serve the purpose of the requirement or procedure.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621 - Required notification of anticipated or actual changes in key person of internet gaming operator and internet gaming supplier

Current through Vol. 24-12, July 15, 2024
Rule 621. An internet gaming operator applicant or licensee
					 must notify the board before any anticipated or actual change in key person. An
					 internet gaming supplier applicant or licensee must notify the board of any
					 change in key person within 30 days after appointment.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621a - Notification of new financial sources of internet gaming platform providers

Current through Vol. 24-12, July 15, 2024
Rule 621a. An internet gaming platform provider applicant
					 or licensee must notify the board, in writing, as soon as practicable, after it
					 becomes aware that it intends to enter into a transaction related in any way to
					 its development and operations that may result in any new financial backers,
					 investors, mortgagees, bondholders, or holders of indentures, notes, or other
					 evidences of indebtedness of the applicant or licensee. A publicly traded
					 corporation is considered to have complied with this rule if it has complied
					 with the reporting requirements in R 432.621d.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621b - Notification by applicants or licensees required

Current through Vol. 24-12, July 15, 2024
Rule 621b.
(1) An
				  internet gaming operator or internet gaming supplier applicant or licensee,
				  affiliate that has control of an internet gaming operator applicant or
				  licensee, or other person that has control of an internet gaming operator or
				  internet gaming supplier applicant or licensee must notify the board, as soon
				  as practicable after it becomes aware that, with regard to any such company,
				  any person or individual has:
(a)
				  Beneficially acquired more than 5% of any class of the company's equity
				  securities.
(b) The ability to
				  control the company.
(c) The
				  ability to elect 1 or more directors of the company.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621c - Required notification of formation, dissolution, or transfer of subsidiaries

Current through Vol. 24-12, July 15, 2024
Rule 621c.
(1) An
				  internet gaming operator or internet gaming supplier applicant or licensee,
				  affiliate that has control of an internet gaming operator applicant or
				  licensee, or other person that has control of an internet gaming operator or
				  internet gaming supplier applicant or licensee, must report, in writing, to the
				  board, as soon as practicable, the formation or dissolution of, or any transfer
				  of, a nonpublicly traded or publicly traded interest in an internet gaming
				  operator or internet gaming supplier applicant or licensee, affiliate that has
				  control of an internet gaming operator applicant or licensee, or other person
				  that has control of an internet gaming operator or internet gaming supplier
				  applicant or licensee.
(2) A
				  publicly traded corporation is considered to have complied with this rule if it
				  has complied with the reporting requirements in R 432.621d.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621d - Publicly traded corporation reporting requirements

Current through Vol. 24-12, July 15, 2024
Rule 621d.
(1) A
				  publicly traded corporation or other person that applies for or holds an
				  internet gaming operator license or internet gaming supplier license who is a
				  public reporting company under the securities exchange act of 1934,
				  15
				  USC 78a to
				  78qq,
				  or the securities act of 1933,
				  15
				  USC 77a to
				  77aa,
				  must submit a copy of all submissions required by the U.S. Securities and
				  Exchange Commission to the board in a format prescribed by the board. The
				  submissions are due within 14 days of the filing dates required by the U.S.
				  Securities and Exchange Commission.
(2) If a publicly traded corporation or other
				  person that applies for or holds an internet gaming operator license or
				  internet gaming supplier license receives any material document filed with the
				  U.S. Securities and Exchange Commission by any other person relating to the
				  publicly traded corporation, the person must file 1 copy of the document with
				  the board within 14 days after receipt of the material.
(3) A publicly traded corporation or other
				  person that applies for or holds an internet gaming operator license or
				  internet gaming supplier license must file a list of record holders of its
				  voting securities with the board annually.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621f - Applicability of part; transfer of ownership interest; limitation

Current through Vol. 24-12, July 15, 2024
Rule 621f.
(1) An
				  interest in a person applying for or holding an internet gaming operator
				  license or internet gaming supplier license may only be transferred in
				  accordance with this part.
(2) The
				  following persons must provide notice to the board no later than 30 days after
				  execution of the transfer:
(a) Except for an
				  internet gaming platform provider, a person that transfers or acquires greater
				  than a 5% interest in a person that has applied for or holds an internet gaming
				  operator license or an internet gaming supplier license in this
				  state.
(b) Except for an internet
				  gaming platform provider, a person who, as a result of an acquisition, has
				  acquired an interest totaling greater than 5% in a person that has applied for
				  or holds an internet gaming operator license or an internet gaming supplier
				  license in this state.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621g - Application for transfer of ownership

Current through Vol. 24-12, July 15, 2024
Rule 621g.
(1) A
				  person desiring to acquire an ownership interest in a person applying for or
				  holding an internet gaming operator license or internet gaming supplier license
				  must complete and submit application and disclosure forms, in the manner and
				  form prescribed by the board.
(2) A
				  person desiring to acquire an interest in a person applying for or holding an
				  internet gaming operator license or internet gaming supplier license must
				  present evidence that the person desiring to acquire the interest is eligible
				  and suitable under the standards and criteria for licensure set forth in the
				  act and these rules.
(3) A person
				  applying for or holding an internet gaming operator license or internet gaming
				  supplier license that is attempting to transfer an ownership interest must
				  submit any information or documentation considered necessary by the board to
				  ensure compliance with the act and these rules.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621h - Transfer investigative costs and fees

Current through Vol. 24-12, July 15, 2024
Rule 621h. An investigation fee may be assessed to the
					 extent that there are costs directly associated with the background
					 investigation relating to the person desiring to acquire an interest in an
					 internet gaming operator or internet gaming supplier. Unless otherwise
					 determined by the board, approval may be withheld until full payment of the
					 background investigation fees.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621j - Review of information at licensee's or applicant's premises; costs to internet gaming operator and internet gaming supplier

Current through Vol. 24-12, July 15, 2024
Rule 621j.
(1) The
				  board may review, at the premises of the custodian of the information, any
				  information that the act or these rules provide for from any of the following
				  entities:
(a) A license applicant.
(b) A licensee.
(c) A key person.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.621k - Applicant/licensee disclosure of representatives to act on their behalf before the board

Current through Vol. 24-12, July 15, 2024
Rule 621k.
(1) An
				  applicant or licensee must 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 must 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
				  license must establish and identify a representative for the purpose of
				  accepting service of process, notices, and other forms of communication from
				  the board for the person holding or applying for a license.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.622 - License classifications

Current through Vol. 24-12, July 15, 2024
Rule 622.
(1) The
				  following licenses may be issued under the act and these rules:
(a) Internet gaming operator
				  license.
(b) Internet gaming
				  supplier license.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.623 - Occupational licensing

Current through Vol. 24-12, July 15, 2024
Rule 623.
(1) An
				  individual must have an occupational license if his or her duties directly
				  impact the integrity of internet gaming as determined by the board in its sole
				  discretion, subject to the following:
(a) The
				  board shall exercise its discretion with respect to any internet gaming
				  operator applicant or licensee that is an Indian tribe consistent with
				  limitations prescribed in the act.
(b) An internet gaming operator or internet
				  gaming supplier may provide an explanation, such as a job description, to
				  support an allegation that a position should not require an occupational
				  license.
(c) Elected or appointed
				  officials of a federally recognized Indian tribe located within this state are
				  exempt from any occupational licensing requirement unless they are employees of
				  the tribes internet gaming operation.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.624 - Fees, fines, taxes, payments, and assessments

Current through Vol. 24-12, July 15, 2024
Rule 624.
(1) All
				  fees, fines, taxes, payments, and assessments provided for under the act and
				  these rules must be timely submitted to the board by a payment method
				  acceptable to the board, such as a certified check, cashier's check, money
				  order made payable to "State of Michigan," or electronic transfer of
				  funds.
(2) An internet gaming
				  operator must remit the tax or payment imposed by the act to the board by an
				  electronic transfer of funds. An internet gaming operator licensee must
				  maintain an account at a designated financial institution that is capable of
				  handling electronic fund transfers.
(3) The following nonrefundable license
				  application fees must be submitted to the board, together with the required
				  license application form or forms, for the corresponding license classification
				  to which the fees relate:
(a) Internet gaming
				  operator license application: $50,000.00.
(b) Internet gaming supplier license
				  application: $2,500.00.
(c)
				  Occupational license application: $250.00.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.624a - Deposit of fees, fines, taxes, payments, and assessments

Current through Vol. 24-12, July 15, 2024
Rule 624a. Except as provided in sections 15 and 15a of the
					 act, MCL 432.315 and 432.315a, all fees, fines, taxes, payments, and
					 assessments imposed by this state under the act and these rules must be
					 deposited into the internet gaming fund.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.625 - Investigation process for internet gaming operators and internet gaming suppliers

Current through Vol. 24-12, July 15, 2024
Rule 625. The board shall conduct a background
					 investigation on an applicant subject to the limitations of section 6 of the
					 act, MCL 432.306, when the applicant is an Indian tribe. The board shall also
					 use the information provided in the application and disclosure form or forms as
					 a basis for a background investigation and to evaluate and determine the
					 eligibility and suitability of the applicant to receive an internet gaming
					 operator license or internet gaming supplier license under the licensing
					 standards and criteria provided in the act and these rules. A misrepresentation
					 or omission in the application is cause for the denial, suspension,
					 restriction, or revocation of an internet gaming operator license or internet
					 gaming supplier license by the board.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.625a - Persons required to be found eligible and suitable

Current through Vol. 24-12, July 15, 2024
Rule 625a.
(1) The
				  board shall not issue or renew an internet gaming operator license or internet
				  gaming supplier license unless every person required by the act and these rules
				  as part of the application for issuance or renewal of the license has first
				  been determined by the board to be eligible and suitable in accordance with the
				  relevant licensing standards set forth in the act and these rules.
(2) Unless otherwise prescribed by the board,
				  the following persons are required to be found eligible and suitable as part of
				  the application for the issuance, or request for renewal, of an internet gaming
				  operator license or internet gaming supplier license:
(a) A person who is required to apply for an
				  internet gaming operator license or internet gaming supplier license under the
				  act and these rules.
(b) A person
				  who is included in the term "applicant" as defined in section 3 of the act, MCL
				  432.303.
(c) A person who is a key
				  person.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.625b - License issuance by the board-standards and criteria

Current through Vol. 24-12, July 15, 2024
Rule 625b.
(1)
				  Except to the extent the board may require different or additional procedures,
				  an applicant for an internet gaming operator license or internet gaming
				  supplier license is subject to all of the following before licensing:
(a) Application
(b) Background investigation
(c) Action and decision by the board on the
				  application.
Michigan Administrative Code › Department - Treasury › Michigan Gaming Control Board › Internet Gaming › Part 2 - LICENSING: OPERATOR, SUPPLIER, OCCUPATIONAL; VENDOR REGISTRATION › Section R. 432.625c - Provisional licenses for internet gaming suppliers

Current through Vol. 24-12, July 15, 2024
Rule 625c.
(1)
				  Upon written request of a person applying for an internet gaming suppliers
				  license, the executive director may issue a provisional license to the
				  applicant and permit the applicant to conduct business transactions with, and
				  provide goods and services to, internet gaming operators, if all of the
				  following provisions are complied with:
(a) A
				  completed application, an application fee, and all required disclosure forms
				  and other required written documentation and materials have been submitted by
				  the applicant.
(b) Preliminary
				  review of the application and a criminal history check does not reveal that the
				  applicant or the applicants affiliate or key person has been convicted of a
				  felony or misdemeanor involving gambling, theft, dishonesty, or fraud, or may
				  otherwise be ineligible or unsuitable to permit licensure under the act or
				  these rules.
(c) There is no other
				  apparent deficiency in the application that may require denial of the
				  application.
(d) The applicant has
				  a letter of intent to provide goods or services to an internet gaming operator
				  or the applicant shows good cause for being granted a provisional
				  license.