Subchapter 06b – sports wagering

section .0100 – general provisions

24 NCAC 06B .0101          Definitions

In addition to defined terms in G.S. 18C-901, G.S. 18C-1001, and 24 NCAC 06A .0101, the following definitions apply in this Subchapter B of the Rules Manual:

(1)           "Amateur Sports" has the meaning provided in G.S. 18C-901(1).

(2)           "Card" means the list of Sporting Events and Wager Types from which a Player may make selections for a given Pool.

(3)           "College Sports" has the meaning provided in G.S. 18C-901(3).

(4)           "Collegiate Sporting Event" means a sport or athletic event offered or sponsored by, or played in connection with, a public or private institution that offers educational services beyond the secondary level.

(5)           "Collegiate Tournament" means a series of College Sports or athletic events involving four or more collegiate teams that make up a single unit of competition.

(6)           "Covered Services" has the meaning provided in G.S. 18C-901(4).

(7)           "Data Source" means a Supplier that sells league or event data, participant data or statistics, or team statistics required to enable Sports Wagering.

(8)           "eSports" or "Electronic Sports" has the meaning provided in G.S. 18C-901(5).

(9)           "eSports Competition" means leagues, competitive circuits, tournaments, or similar competitions where Individuals or teams play video games, typically for spectators, either in-person or online, for the purpose of prizes, money, or entertainment.

(10)         "eSports Competition Operator" means a Person which sanctions, regulates, or organizes an eSports Competition.

(11)         "Exchange Wagering" means a form of Wagering in which two or more Persons place identically opposing Wagers in a given market, allowing Players to Wager on both winning and non-winning outcomes in the same event.

(12)         "Geofencing" has the meaning provided in G.S. 18C-901(6).

(13)         "GLI-CMP Guide" means the Gaming Laboratories International, GLI-CMP: Change Management Program Guide, Version 1.0, Published May 6, 2020, including amendments or subsequent editions.

(14)         "GLI-33 Standards" means the Gaming Laboratories International, GLI-33: Standards for Event Wagering Systems, Version 1.1, and its appendices, Revised May 14, 2019, including amendments or subsequent editions.

(15)         "Gross Wagering Revenue" has the meaning provided in G.S. 18C-901(7).

(16)         "High School Sporting Event" means a Sporting Event participated in or offered or sponsored by a public or private institution that offers educational services at the secondary level.

(17)         "In-Game Wagering" means placing a Sports Wager after a Sporting Event has started.

(18)         "Layoff Wager" means a Sports Wager placed by a Sports Wagering Operator with another Sports Wagering Operator to offset Sports Wagers.

(19)         "Motorsports Facility" has the meaning provided in G.S. 18C-901(10d).

(20)         "Official League Data" has the meaning provided in G.S. 18C-901(11).

(21)         "Pool" means an offering where Players may make selections of outcomes on a set number of Sporting Events and Wager Type on a Card to enter for a chance to win the Prize Pool or a portion thereof.

(22)         "Prize Pool" means the prizing available for an Individual tournament, contest, or Pool.

(23)         "Professional Golf Tournament" has the meaning provided in G.S. 18C-901(12d).

(24)         "Professional Sports" has the meaning provided in G.S. 18C-901(13). Professional Sports do not encompass or include any Amateur Sports, Colleges Sports, Youth Sports, or High School Sporting Event.

(25)         "Professional Sports Team" has the meaning provided in G.S. 18C-901(13d).

(26)         "Rake" means the fee that is deducted by an Operator from a Wager made for Exchange Wagering or other peer-to-peer Wagering, or entry fees paid by Players who participate in a tournament, contest, or Pool.

(27)         "Rake Adjustment" means an adjustment made by an Operator to account for shortfalls in connection with Exchange Wagering or other peer-to-peer Wagering, tournament, contest, or Pool.

(28)         "Registered Player" has the meaning provided in G.S. 18C-901(14).

(29)         "Service Provider License" means a License issued by the Commission to a Service Provider for Sports Wagering under G.S. 18C-906.

(30)         "Shared Liquidity Pool" means a tournament, contest, or Pool being offered in North Carolina and one or more other jurisdictions.

(31)         "Sporting Event" has the meaning provided in G.S. 18C-901(16).

(32)         "Sports Wagering Brand" has the meaning provided in G.S. 18C-901(20).

(33)         "Sports Wagering Network" means the offering of Exchange Wagering or other peer-to-peer Wagering through the linking of Players:

(a)           of one or more Sports Wagering Operators in the State; or

(b)           that Players may be pooled from multiple Sports Wagering Operators or from a single Sports Wagering Operator in multiple jurisdictions, pursuant to Commission approval.

(34)         "Sports Wagering Platform" has the meaning provided in G.S. 18C-901(21).

(35)         "Sports Wagering System" means the hardware, software, firmware, Communication Technology, and other equipment used in connection with a Sports Wagering Platform, as well as procedures implemented to allow Player participation in Sports Wagering, and, if supported, the corresponding equipment related to the display of the Wager outcomes, and other similar information required to facilitate Player participation, including Sports Wagering Platforms themselves.

(36)         "Supplier License" or "Sports Wagering Supplier License" means a License issued by the Commission to a Supplier under G.S. 18C-907.

(37)         "Tier One Sports Wager" has the meaning provided in G.S. 18C-901(23).

(38)         "Tier Two Sports Wager" has the meaning provided in G.S. 18C-901(24).

(39)         "Virtual Sporting Event" means a Sporting Event where elements of the event, including the results, are generated by a random number generator.

(40)         "Wagering Account" or "Account" means an Interactive Account as defined in G.S. 18C-901(8).

(41)         "Youth Sports" has the meaning provided in G.S. 18C-901(26).

(42)         "Written Designation Agreement" means the written, executed, and complete contractual agreement between an Interactive Sports Wagering Operator or Interactive Sports Wagering Operator Applicant and a non-operator party eligible to enter such agreement, pursuant to G.S. 18C-905(a). A Written Designation Agreement includes all written contracts executed by and between these parties and executed by and between the parties' respective Affiliates.

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

Previously adopted as Rule 2A-001;

Eff. January 8, 2024;

Readopted Eff. March 27, 2024.