Minnesota Administrative Rules
Agency 178 - Racing Commission
Chapter 7880 - ADVANCE DEPOSIT WAGERING
Part 7880.0060 - CONDUCT OF WAGERING

Universal Citation: MN Rules 7880.0060

Current through Register Vol. 49, No. 13, September 23, 2024

Subpart 1. Acceptance of wagers.

An advance deposit wagering provider may accept wagers via any wired or wireless communications device, subject to applicable laws or rules and the approved plan of operation.

Subp. 2. No extension of credit.

An advance deposit wagering provider shall not accept wagers from an account holder in excess of the account balance. No credit shall be extended by an advance deposit wagering provider to an account holder.

Subp. 3. Refusal.

Nothing in this chapter prohibits an advance deposit wagering provider from suspending or refusing deposits to an account for reasonable business reasons.

Subp. 4. Information of account holders.

No employee of an advance deposit wagering provider shall use or divulge any information related to the placing of any wager or the operation of any account except as reasonably necessary in the course and scope of the employees employment with the advance deposit wagering provider or as authorized by the account holder.

Statutory Authority: MS s 14.389; 240.131

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