24 NCAC 06B .0310          Layoff Wagers

An Operator may accept Layoff Wagers placed by other Operators and place Layoff Wagers with other Operators to offset Sports Wagers.

(1)           The Operator placing a Layoff Wager shall inform the Operator accepting the Wager that the Wager is being placed by an Operator and shall disclose their identity.

(2)           The Operator may decline to accept a Layoff Wager in its sole discretion.

(3)           Layoff Wagers shall be reported in writing to the Director within 72 hours.

 

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

Previously adopted as Rule 2C-010;

Eff. January 8, 2024;

Readopted Eff. March 27, 2024.