North Dakota Administrative Code › Title 69.5 - Racing Commission, North Dakota › Article 69.5-01 - North Dakota Racing Commission Rules › Chapter 69.5-01-11 - Simulcasting and Account Deposit Wagering › Section 69.5-01-11-11.1 - Account wagering

Current through Supplement No. 393, July, 2024
The requirements for account wagering are as follows:
1. A site operator may offer a system of
				account wagering to its players in which wagers are debited and payouts
				credited to a sum of money, deposited in an account by the player, that may be
				held by a service provider. The service provider shall notify the player, at
				the time of opening the account, of any rules the site operator or service
				provider has made concerning reporting, monitoring, changes of awards, account
				activity (deposits or withdrawals), user fees, or any other aspect of the
				operation of the account. The service provider shall notify the player and the
				site operator whenever the rules governing the account are changed. The
				notification must occur prior to or at the time when the new rules are applied
				to the account. Notification shall be posted on the website utilized for
				account wagering or by mailing to the player at the player's last-known
				address. The player shall be deemed to have accepted the rules of account
				operation upon opening or not closing the account. The site operator and
				service provider shall present the method of account wagering to the commission
				for review and approval.
2. To
				establish an account with the service provider, the player must be approved
				through a process developed by the service provider and shared with the site
				operator and commission.
3. The
				information each player submits must be subject to electronic verification. The
				verification must identify clients and obtain information with respect to name,
				principal residence address, date of birth, and verification of information
				through testing criteria established by electronic verification pertinent to
				doing financial business with them. The service provider must verify that the
				customer is not on the specially designated nationals list, maintained by the
				United States department of the treasury, or the designated foreign terrorist
				organizations list, maintained by the United States department of state. If
				there is a discrepancy between the application submitted and the information
				provided by the electronic verification described above, or, if no information
				on the applicant is available from such electronic verification, another
				individual reference service may be accessed or another technology meeting the
				requirements described above may be used to verify the information provided.
				The information secured by the service provider must be documented and
				available to the site operator and commission upon request. If a player wagers
				more than ten percent of the monthly amount wagered with the service provider,
				the service provider shall perform additional identity verification, which must
				be proportionate to the possible risks and the resources available. The service
				provider may close or refuse to open an account for what it deems good and
				sufficient reason and shall order an account closed if it is determined that
				information that was used to open an account was false or that the account has
				been used in violation of law or rules.
4. For entertainment games where the customer
				has not deposited more than one hundred dollars in aggregate of all
				transactions:
a. The information obtained by
				the service provider may be limited to name, date of birth, and electronic mail
				address or phone number.
b. The
				service provider may delay verification of information until the customer has
				wagered more than one hundred dollars.
c. If verification of information is delayed,
				the service provider shall:
(1) Identify the
				location of the player through geolocation or other equivalent
				services.
(2) Obtain or confirm
				date of birth of the customer from a third-party business using methodology
				that can be demonstrated to be reasonably reliable. Methods of obtaining or
				confirming this data must be approved in advance by the commission.