Mich. Admin. Code R. 431.5001
Rule 5001. As used in this part:
"Account" means an account for account wagering with a specific identifiable record of deposits, wagers, and withdrawals established by an account holder and managed by the third-party facilitator (TPF) licensee.
"Account holder" means a person who successfully opens an account.
"Account wagering" means an electronic form of pari-mutuel wagering in which a person has an account with a third-party facilitator and then uses the current balance to pay for live pari-mutuel wagering.
"Account wagering center" means an actual location, equipment, and staff of a third-party facilitator licensee or agents, or both, involved in the management, servicing, and operation of account wagering.
"Account wagering system" means a system used for the deposit and withdrawal of funds to make electronic wagers on pari-mutuel races.
"Confidential Information" means:
The amount of money credited to, debited from, withdrawn from, or present in any particular account.
The amount of money wagered by a particular account holder on any race or series of races.
The account number and secure personal identification code of a particular account holder.
The identities of particular entries on which the account holder is wagering or has wagered.
Unless otherwise authorized by the account holder, the name, address, and other information in the possession of the account wagering center and race meeting licensee that would identify the account holder to anyone other than the MGCB, the account wagering center or the race meeting licensee.
"Credits" means all positive inflows of money to an account.
"Debits" means all negative outflow of money from an account.
"Deposit" means a payment of money by cash, check, money order, credit card, debit card, or electronic funds transfer made by an account holder to the account holder's account.
"Joint contract" means a contract to facilitate account wagering with the agreement signed by a TPF applicant or licensee, all race meeting licensees, and certified horsemen's organizations in this state.
"Principal residence address" means that place where the person submitting an application for an account resides not less than 50% of the time during the calendar year.
"Proper identification" means a form of identification accepted in the normal course of business to establish that the person making a transaction is an account holder.
"Secure personal identification code" means a unique alpha-numeric character code chosen by an account holder as a means by which the third-party facilitator may verify a wager or account transaction of an account holder.
"Third party facilitator" or "TPF" means a person who applies for and is licensed by the executive director to provide race meeting licensees with goods or services for the electronic processing of internet wagers using an account wagering system.
"Withdrawal" means a payment of money from an account by the TPF licensee or race meeting licensee to the account holder when properly requested by the account holder.
Mich. Admin. Code R. 431.5001