20 : 18 : 35 : 17 . Layoff wagers . A licensee or sports wagering services provider may place and accept layoff wagers. When placing a layoff wager, the licensee or sports wagering services provider placing a layoff wager shall disclose its identity to the licensee or sports wagering services provider accepting the layoff wager. A licensee or sports wagering services provider may decline to accept a layoff wager in its sole discretion. Layoff wagers must be placed and accepted in accordance with any other internal control procedures prescribed by the commission.

Source: 48 SDR 14, effective August 22, 2021 .

General Authority: SDCL 42-7B-7 , 42-7B-11 (13).

Law Implemented: SDCL 42-7B-2.1 (1), 42-7B-43 .