R 432.768
R 432.768 Write-offs/amounts returned/disputed credit or debit charges.
Cite as Mich. Admin. Code R 432.768
Rule 768. (1) A sports betting operator shall not receive a deduction from gross
sports betting receipts unless written approval is granted by the board for the following:
(a) Amounts returned to an authorized participant because of a game, platform, or
system malfunction or because the internet sports betting wager must be voided
because of concerns regarding integrity of the wager or game that were previously
included in the computation of gross sports betting receipts.
(b) Uncollectible markers or successfully disputed credit or debit card charges that
were previously included in the computation of gross sports betting receipts.
Discretionary write-offs by the sports betting operator do not constitute an
uncollectible marker.
(2) A sports betting operator must submit for board review and approval a written
request, including all supporting documentation, of the deductions it would like to
take against gross sports betting receipts.