24 NCAC 06A .0805 Anonymous Wagers and Payouts Greater Than $10,000

(a) The requirements of this Rule only apply to Wagers and payouts not associated with a Wager placed through a Wagering Account.

(b) Prior to accepting a Wager in excess of ten thousand dollars ($10,000) or making a payout in excess of ten thousand dollars ($10,000) on a winning Wager, the Wagering Facility shall obtain and record:

(1) the Player's full legal name;

(2) the Player's date of birth;

(3) the Player's principal physical address other than a post office box;

(4) the Player's Social Security number, or an equivalent government identification number for a noncitizen, for example, a passport or taxpayer identification number; and

(5) the document number from one of the following valid identification credentials collected from the Player to verify their identity:

(A) driver's license;

(B) passport;

(D) other reliable government-issued identification credentials; or

(E) other picture identification credential normally acceptable as a means of identification when cashing checks.

(c) Subsequent to accepting a Wager in excess of ten thousand dollars ($10,000) or making a payout in excess of ten thousand dollars ($10,000) on a winning Wager the Wagering Facility shall maintain records for five years that include:

(1) the time and date of the Wager or payout;

(2) the amount of the Wager or payout;

(3) the Player's full legal name;

(4) the Ticket Writer or other identification of the location where the Wager or payout occurred; and

(5) the identification of the employees accepting or approving the Wager and payout on the Wager.

(d) The Operator shall monitor Wagers and payouts to ensure Players are not circumventing the recording and reporting requirements of this Rule or federal rules concerning Wagering Activity and payouts.

History Note: Authority G.S. 18C-114(a)(14);

Previously adopted as Rule 1H-005;

Eff. January 8, 2024;

Readopted Eff. March 27, 2024.