N.Y. Comp. Codes R. & Regs. tit. 9 § 5329.21

Current through Register Vol. 46, No. 45, November 2, 2024

Section 5329.21 - Cancellation of wagers

(a)Commission void.

The commission may order the voiding of wagers, and require refunds, on any event for which wagering, or the continuation of wagering, would be contrary to the public policies of the State.

(b)Patron cancellation.

A wagering ticket may be cancelled by a patron at the discretion of the operator, so long as no sporting event upon which the wager was made has commenced.

(c)Payout adjustments.

House rules shall state clearly circumstances in which the payouts are to be adjusted, including, without limitation:

(1) when wagers are affected by cancelled events;

(2) when and for what reason or reasons wagers will be cancelled; and

(3) application of aggregate limits as outlined in section 5329.14(b) of this Part.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 5329.21

Adopted New York State Register June 26, 2019/Volume XLI, Issue 26, eff. 6/26/2019