An advance deposit wagering licensee shall allow the account holder to set:

1. (1) A deposit limit offered on a daily, weekly, or monthly basis that specifies the maximum amount of money an account holder may deposit into the holder’s wagering account during a particular period of time; and

2. (2) A wager limit offered on a daily, weekly, or monthly basis that specifies the maximum amount of wagering account funds that may be put at risk during a particular period of time.

   Any decrease to these limits shall be effective immediately or at the point in time clearly indicated to the player. Any increase to these limits shall become effective only after the time period of the previous limit has expired and the player reaffirms the requested increase.

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

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

Law Implemented: SDCL 42-7B-77 .