Discontinuing A Bad Beat Jackpot

Discontinuing A Bad Beat Jackpot. (a) Once a bad beat jackpot has been established, the licensee shall not discontinue the jackpot except by a player winning the jackpot or unless the Executive Director approves otherwise. (b) The licensee shall submit a proposal for discontinuing the bad beat jackpot to the local Mississippi Gaming Commission District Office. The proposal shall include the: 1. Proposed date for discontinuation of the jackpot. 2. Proposed manner for dispersing all jackpot levels and the escrow fund (i.e. changing the qualifying hands, etc.). (c) The licensee, upon approval by the Executive Director to discontinue the jackpot, shall cease taking a jackpot rake. (d) The licensee, upon approval by the Executive Director to discontinue the jackpot, may remove an amount equal to the initial jackpot seed from the escrow account. (e) The licensee shall post notification of the intent to discontinue the bad beat jackpot in a prominent and conspicuous manner in the card room.