68 IAC 10-1-1.1 Rate of progression

Sec. 1.1. (a) This section applies to a riverboat licensee that offers a live gambling game with a progressive feature. (b) As used in this rule, "rate of progression" means the amount by which the progressive jackpot will increase incrementally for each credit wagered by a player to participate in the progressive feature of the live gaming device. (c) The rate of progression that must be offered on a gambling game with a progressive feature must be at least sixty percent (60%) and not more than one hundred percent (100%). (d) Once a gambling game is offered with an established rate of progression, the rate of progression shall not be changed until after a patron wins the jackpot. (e) The riverboat licensee shall submit, at a minimum, the following information to chief counsel for the commission: (1) The types of gambling games that will offer a progressive feature. (2) The location of the gambling games that will offer a progressive feature. (3) The rate of progression for each gambling game. (4) The reset amount for each gambling game. The information required by this subsection must be submitted when a new progressive live gaming device is introduced into the casino or the riverboat licensee changes the rate of progression on an existing progressive live gaming device.