Regulation .02 Limits on Deposits.
Regulation .02 Limits on Deposits.LinkCopy Citation
A.
This regulation does not apply to season-long fantasy competition.
B.
Except as provided in §C of this regulation, a fantasy competition player may not deposit more than $5,000 in a single calendar month with an operator.
C.
A player may request an operator to temporarily or permanently increase the player’s deposit limit above $5,000 per calendar month if:
(1)
Procedures for considering a request from a fantasy competition player to increase a deposit level include evaluation of information, including evidence of income or assets, sufficient to confirm the financial ability of a player to afford losses which may result from fantasy competition play at the deposit level requested by the player; and
(2)
After the operator approves a player’s temporary or permanent deposit level increase, the player undergoes an annual evaluation by the operator of information sufficient to confirm the continued financial ability of the player to afford losses that may result from fantasy competition play at the increased deposit level.