Code of Massachusetts Regulations
205 CMR - MASSACHUSETTS GAMING COMMISSION
Title 205 CMR 248.00 - Sports Wagering Account Management
Section 248.01 - General Account Wagering
Universal Citation: 205 MA Code of Regs 205.248
Current through Register 1518, March 29, 2024
(1) A Sports Wagering Operator may offer a system of account wagering to its patrons whereby Wagers are debited from and pay outs credited to a sum of money, deposited in a Sports Wagering Account by the patron held by the Sports Wagering Operator.
(2) A Sports Wagering Account may only be established in the name of a patron and is not transferable.
(3) A Person may only place a Wager through a mobile application or other digital platform using funds from a Sports Wagering Account.
(4) No Sports Wagering Operator may charge any fee to maintain or administer any Sports Wagering Account.
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