Types Of Wagers Available

(1) Each Licensee shall only offer Wagers on Sporting Events approved by the Council, a list of which shall be posted on the Council’s website. The Council shall notify Licensees when a Sporting Event is no longer included on the list of approved Sporting Events upon which Wagers may be placed or accepted. (2) Any entity may petition the Council for approval of a new Sporting Event upon which Wagers may be placed or accepted. (a) A petition for approval of a proposed new Sporting Event must be in writing and submitted a minimum of 72 hours prior to being offered. (b) A proposed new Sporting Event may be a variation of an authorized sports wagering Event, a composite of authorized Sporting Events, or any other Sporting Event compatible with the public interest. MINIMUM INTERNAL CONTROLS CHAPTER 1350-03 (c) A petition for a proposed new Sporting Event shall be in writing, signed by the petitioner, and shall include the following information: 1. The name of the petitioner; 2. Whether the new Sporting Event is a variation of an authorized Sporting Event, a composite of authorized Sporting Events, or any other Sporting Event compatible with the public interest; 3. A complete and detailed description of the new Sporting Event for which approval is sought; 4. Evidence of governing body rules and regulations or independent integrity monitoring of the new Sporting Event; and 5. Any other pertinent information or material requested by the Council. (d) No Wagers may be accepted on a proposed Sporting Event until it has been approved by the Council.