Md. Code Regs. 36.10.13.30

Current through Register Vol. 51, No. 26, December 27, 2024

Section 36.10.13.30 - Sports Wagering Ticket or Voucher

A. A sports wagering licensee may issue a sports wagering ticket or voucher and utilize a sports wagering ticket system meeting the requirements of this subtitle.

B. A sports wagering licensee shall issue a sports wagering ticket or voucher which expires 182 days after the date of the sporting event or voucher issuance.

C. Except for mobile sports wagering, a sports wagering licensee shall:

(1) Configure its sports wagering ticket system to:

(a) Prevent issuance of a sports wagering ticket from a kiosk exceeding $10,000; and

(b) Require sports wagering tickets of $3,000 or more to be redeemed only at the cashiers' cage;

(2) Configure a ticket redemption unit under Regulation .31 of this chapter to:

(a) Redeem only a sports wagering ticket or voucher of less than $3,000; and

(b) Direct a bettor attempting to redeem a sports wagering ticket or voucher of $3,000 or more to the cashiers' cage; and

(3) Redeem at its cashiers' cage a sports wagering ticket or voucher of $3,000 or more by:

(a) Cash or check; or

(b) Check on the request of a bettor.

D. A sports wagering licensee shall immediately report to the Commission evidence that a sports wagering ticket or voucher has been counterfeited, tampered with, or altered in any way which would affect the integrity, fairness, or reliability of the sports wagering ticket.

E. A sports wagering licensee shall develop and include in the internal controls submitted to and approved by the Commission under Regulation .04 of this chapter procedures addressing the issuance and redemption of a sports wagering ticket or voucher.

F. A sports wagering licensee's internal controls shall:

(1) Require a sports wagering ticket or voucher to include:

(a) Name or trade name of the sports wagering licensee;

(b) Date and time of issuance;

(c) A description of the wager;

(d) Amount of the sports wagering ticket;

(e) Unique series number automatically generated by the sports wagering ticket system;

(f) Asset number of the ticket redemption unit or point of sale device dispensing the sports wagering ticket;

(g) Sports wagering facilities where the sports wagering ticket may be redeemed and any restrictions applicable to redemption;

(h) A bar code which enables the sports wagering ticket system to identify the numeric information required by this section; and

(i) Notice to the bettor of the terms of expiration; and

(2) Include procedures and controls which:

(a) Require a sports wagering ticket system to perform the following prior to payment:

(i) Verify the validity of the ticket number and amount of the sports wagering ticket or voucher; and

(ii) Electronically cancel the sports wagering ticket or voucher;

(b) Require the sports wagering ticket system to be configured to:

(i) Permit access to the complete ticket number of an unredeemed sports wagering ticket or voucher only to sports wagering ticket system administrative employees and accounting department employees not assigned to the cashiers' cage; and

(ii) Maintain a record of all unredeemed sports wagering tickets or voucher for a minimum of 2 years from the date of the sporting event or issuance of the sports wagering voucher unless a request to remove or relocate system records is submitted in writing and approved in writing by the Commission;

(c) Address the following events:

(i) Calculation and transmittal by the sports wagering licensee of its outstanding expired unredeemed sports wagering ticket or voucher balance to the State; and

(ii) An election by a sports wagering licensee to pay a sports wagering ticket or voucher when the sports wagering ticket system is inoperable or otherwise unable to verify the validity of the sports wagering ticket at the time of payment; and

(d) Require generation, at the conclusion of each wagering day, of reports detailing:

(i) Sports wagering tickets or voucher issued;

(ii) Sports wagering tickets or voucher redeemed and cancelled by redemption facility;

(iii) Unredeemed liability for sports wagering tickets or voucher; and

(iv) Any exceptions.

Md. Code Regs. 36.10.13.30

Amended effective 49:1 Md. R.16, eff. 1/13/2022