23 CAR § 358-404
23 CAR § 358-404. Operation of keno games
Length: 274 wordsOfficial source
(a) As used in this subpart, “commission” means the Arkansas Racing Commission or the commission’s designee.
(b) A licensee authorized to operate a keno game shall not increase the limits of winning tickets or the value of a keno game or a progressive keno game to an amount exceeding the total maximum sum of two hundred fifty thousand dollars ($250,000) on any one (1) game unless the licensee installs and uses a computerized keno system that satisfied the specification approved by the commission.
(c) A licensee shall not operate a keno game or progressive keno game with limits on winning tickets or the value of the keno game exceeding the total maximum sum of two hundred fifty thousand dollars ($250,000) on any one (1) game without the prior written approval of the commission.
(d) The commission may:
(1) Require that a limit be imposed on a progressive keno game, or that the limits of winning tickets or the value of a keno game or a progressive keno game be decreased, if such a limit or decrease is deemed necessary for the licensee to maintain sufficient minimum bankroll requirements pursuant to this part; or
(2)(A) Require the licensee to at all times maintain a reserve in the form of cash, cash equivalent, a bond, or a combination thereof in an amount determined by the commission.
(B) Subject to the discretion of the commission, the reserve provided for by subdivision (d)(2) of this section must be created and maintained in the same manner as a reserve required by this part.
(e) Progressive keno is further subject to the provisions of this part governing progressive payoff schedules.