Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part VI - Sports Wagering
Chapter 5 - Rules; Operations
Section VI-509 - Limitation on Active Accounts; Obligations to Players
Universal Citation: LA Admin Code VI-509
Current through Register Vol. 50, No. 9, September 20, 2024
A. An operator shall:
1. implement rules and procedures to limit
each authorized player to one active and continuously used account and
username;
2. implement rules
procedures to suspend all accounts of any player that establishes or seeks to
establish more than one username or more than one account, whether directly or
by use of another person as a proxy, for illegal purposes and/or to circumvent
any laws or regulations;
3. publish
parental control procedures to facilitate parents or guardians to exclude
minors from access to a sports wagering platform. The procedures shall include
a link or toll-free number to call for help in establishing such parental
controls;
4. make clear conspicuous
statements that are not inaccurate or misleading concerning the conduct of
sports wagering;
5. permit any
player to permanently close an account registered to the player, on any and all
sports wagering platforms supported by the operator, at any time and for any
reason;
6. implement measures to
protect the privacy and online security of players, their sports wagering
account, and their personal financial information and personal patron data per
§2811 of Part III of this Title;
7. not allow a player to transfer funds from
a sports wagering account to another player's sports wagering
account;
8. employ a mechanism that
can detect and prevent any sports wagering or withdrawal activity initiated by
a player that would result in a negative balance of a sports wagering account;
and
9. allow a player to withdraw
the funds maintained in his sports wagering account within five business days
of the request being made. For purposes of this Paragraph, a request for
withdrawal is considered honored if it is processed by the operator but delayed
by a payment processor, credit card issuer, or by the custodian of a financial
account through no fault, action or inaction of the operator. If an operator
has requested documentation from a player in order to facilitate the
withdrawal, the time waiting for such documentation shall not be factored into
the five business days for approval.
a. An
operator may decline to honor a player's request to withdraw funds only if the
operator believes in good faith that the player engaged in fraudulent conduct
or other conduct that would put the licensee or operator in violation of the
Act or these regulations. In such cases, the operator may withhold the funds
for a reasonable investigatory period until the investigation is resolved, if
the operator conducts its investigation in a reasonable and expedient
fashion.
AUTHORITY NOTE: Promulgated in accordance with R.S. 27:15 and 24.
Disclaimer: These regulations may not be the most recent version. Louisiana 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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