Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 26 - PAID FANTASY SPORTS
Rule 4 - Record Retention
Section 4-1 - Duty to maintain records

Universal Citation: 68 IN Admin Code 4-1

Current through September 18, 2024

Authority: IC 4-33-24-13

Affected: IC 4-33-24

Sec. 1.

(a) A game operator must be able to provide the following reports to the commission on demand over the specified period of each report and at a minimum for the specific intervals of month to date and year to date:

(1) For each paid fantasy sports game offered, the following information:
(A) The date and time the paid fantasy sports game started and ended.

(B) The paid fantasy sports game identifier and version.

(C) The prize structure used.

(D) The game participants that entered the paid fantasy sports game.

(E) The selections each game participant made for his or her team.

(F) The total number of points earned by each game participant's team.

(G) The total amount of entry fees paid.

(H) The results, including the points earned by the winning game participant or participants.

(I) The total amount of winnings to the game participants.

(J) The total amount of cash equivalents awarded to the game participants.

(2) A time stamped game participant transaction log of the following:
(A) A unique game participant identification.

(B) All deposits to the game participant account.

(C) All withdrawals to the game participant.

(D) All cash equivalents added to the game participant account.

(E) All manual adjustments or modifications to the game participant account.

(3) The following game participant account information:
(A) A unique game participant identification.

(B) The game participant identity details, which include the game participant's legal name, age, and address.

(C) Any self-restrictions.

(D) Any previous accounts.

(E) The date and IP address from which the game participant account was registered.

(b) A game operator shall provide financial statements to the commission on a biannual basis. The game operator shall prepare and submit the financial statements to the commission not later than January 15 and July 15 of every year. The financial statements shall contain the following information at a minimum:

(1) All deposits to game participant accounts.

(2) All withdrawals from game participant accounts.

(3) Take out amount collected by the game operator for each contest.

(c) On a biannual basis, a game operator shall provide documentation showing that the financial reserve requirement described in IC 4-33-24-24 is satisfied. The game operator shall prepare and submit documentation to the commission not later than January 15 and July 15 of each year.

(d) A game operator shall maintain the records described in subsections (a), (b), and (c) for at least three (3) years.

Disclaimer: These regulations may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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