This bill mandates that sports wagering licensees and their contracted operators establish and publish rules regarding limitations on wagering accounts. These limitations can encompass various aspects such as play times, maximum wager amounts, and restrictions on deposits and withdrawals. The rules must be submitted to the Division of Gaming Enforcement for approval and must be made readily accessible to patrons in multiple formats, including display in the sports wagering lounge and on the operator's website.
Furthermore, the bill stipulates that when any limitations are imposed on a wagering account, the licensee or operator must provide written notice and an explanation to the patron. It also requires periodic reviews of limited accounts to assess whether the restrictions should remain in place. Additionally, licensees and operators are obligated to report annually to the division on the types and frequency of limitations imposed, with the division having the authority to request further information to ensure compliance with the bill's provisions.