Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 26 - PAID FANTASY SPORTS
Rule 7 - Game Participant Funds
Section 7-3 - Game participant account withdrawal

Universal Citation: 68 IN Admin Code 7-3

Current through September 18, 2024

Authority: IC 4-33-24-13

Affected: IC 4-33

Sec. 3.

(a) A game participant must be allowed to withdraw the funds maintained in his or her account, whether such account is open or closed.

(b) A game operator must honor such game participant requests to withdraw funds within five (5) business days of the request, unless the conditions set forth in subsection (c) are met.

(c) The game operator may decline to honor a game participant request to withdraw funds only if the game operator believes in good faith that the game participant engaged in either fraudulent conduct or other conduct that would put the game operator in violation of the law. In such cases, the game operator shall:

(1) provide notice to the game participant of the nature of the investigation of the account; and

(2) conduct its investigation in a reasonable and expedient fashion, providing the game participant additional written notice of the status of the investigation every tenth business day starting from the day the original notice was provided to the game participant.

(d) For purposes of this provision, a request for withdrawal will be considered honored if it is processed by the game operator notwithstanding a delay by a payment processor, credit card issuer, or the custodian of a financial account.

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