A licensee may not discontinue a progressive slot machine until all the advertised progressive amounts or prizes, or both, have been awarded. If a business closes permanently, the progressed amount must be transferred to another licensee, subject to the approval of the executive secretary. The amount of the progressed liability must be paid to the licensee assuming the progressive amount by certified check. The executive secretary may approve transfer of a progressive amount, prize, or both, from a progressive slot machine to another progressive device that is lawfully licensed by the same or another licensee.

Source: 16 SDR 233, effective July 1, 1990; 19 SDR 21, effective August 20, 1992; 22 SDR 95, effective January 18, 1996 ; 50 SDR 145, effective June 11, 2024 .

General Authority: SDCL 42-7B-7 .

Law Implemented: SDCL 42-7B-1 , 42-7B-2 , 42-7B-2.1 , 42-7B-3 , 42-7B-7 , 42-7B-11 , 42-7B-18 , 42-7B-25 .

Prior versions effective: 1996-01-18.