§ 4-51-318. Restrictions on Licensees
A licensee shall not: Allow a minor to place a wager; Offer, accept, or extend credit to a bettor; Directly advertise or promote sports wagering to minors. The board shall adopt rules specific to the manner in which a licensee may advertise its business operations as authorized by this part; Offer or accept a wager […]
§ 4-51-319. Responsible Sports Wagering
Licensees shall allow bettors to restrict themselves from placing wagers with the licensee, including limits on the time spent betting and amounts wagered, and take reasonable steps to prevent those bettors from placing such wagers. At the request of a bettor, a licensee may share the request with the board for the sole purpose of […]
§ 4-51-320. Persons Prohibited From Obtaining Licenses
The following persons shall not apply for or obtain a license: A member or employee of the council, board, or corporation; An employee of any professional sports team; A coach of, or player for, a collegiate, professional, or Olympic sports team or sport; A person who is a member or employee of any governing body […]
§ 4-51-321. Transfer of Licenses
The board may adopt rules prescribing the manner in which a license may be transferred and a fee for the transfer of the license.
§ 4-51-322. House Rules — Acceptance of Wagers — Payouts
Each licensee shall adopt and adhere to a written, comprehensive policy outlining the house rules governing the acceptance of wagers and payouts. The policy and rules must be approved by the board prior to the acceptance of a wager by a licensee. The policy and rules must be readily available to a bettor on the […]
§ 4-51-323. Inspections
Members of the board or designated employees or agents of the corporation may, during normal business hours, enter the premises of any facility of a licensee or third party utilized by the licensee to operate and conduct business in accordance with this part for the purpose of inspecting books and records kept as required by […]
§ 4-51-304. Taxes — Collection — Disposition of Taxes
It is a taxable privilege to offer sports wagering in this state under a license issued in accordance with this part. Notwithstanding any state law to the contrary, a licensee shall only pay a privilege tax on its adjusted gross income in accordance with this section. There is imposed upon the adjusted gross income of […]
§ 4-51-305. Lottery Corporation Sports Wagering Advisory Council — Creation — Membership — Terms
There is created a lottery corporation sports wagering advisory council to assist the corporation with sports wagering activities. The council is composed of nine (9) members appointed as follows: Three (3) by the governor, with one (1) member from each grand division of this state; Three (3) by the speaker of the senate, with one […]
§ 4-51-306. Powers and Duties of Corporation and Board — Adoption of Rules
The corporation and board shall enforce this part and supervise compliance with laws and rules relating to the regulation and control of wagering on sporting events in this state. The board shall promulgate rules in accordance with this part. Rules of the board promulgated under this part must be adopted, amended, or repealed in the […]
§ 4-51-307. Removal of Member
A member of the council may be removed from the council by the appointing authority if, in the opinion of the appointing authority, the member has committed misfeasance or malfeasance in office or neglect of duty.