13 MAC Pt. 9, R. 3.1

Reserve Requirements

Year: 2026Length: 108 wordsOfficial source

Cite as 13 Miss. Admin. Code Pt. 9, R. 3.1

Reserve Requirements (a) Notwithstanding the minimum bankroll required of licensed gaming operators, each book shall comply with the following to calculate additional minimum reserve requirements specifically for the book: 1. Each book shall at all times maintain access to a cash reserve of not less than the greater of $50,000 or the sum of the following amounts: i. Amounts held by the book for the account of patrons; ii. Aggregate amounts accepted by the book as wagers on contingencies whose outcomes have not been determined; and iii. Amounts owed but unpaid by the book on winning wagers through the period established by the book for honoring winning wagers.
13 MAC Pt. 9, R. 3.1: Reserve Requirements | Justis AI