A sports wagering licensee shall prepare and timely file IRS Form W-2G, Certain Gambling Winnings, in accordance with IRS rules and regulations. A sports wagering licensee shall pay a sports wager payout of $50,000 or more: By cash or check; or On the request of a bettor, any combination of cash, sports wagering ticket or voucher, check, or other method of payment approved by the Commission. A sports wagering licensee shall develop procedures to obtain personal identifying information from any individual who places any single wager in an amount of $10,000 or greater on a sporting event while physically present in a facility. To ensure compliance with §C of this regulation, a sports wagering licensee shall, prior to accepting any sports wager in excess of $3,000 or making a payout in excess of $3,000 on a winning sports wager: Create a bettor identification file and identify the bettor; Obtain and record the bettor’s Social Security number in the bettor identification file; and Record, on a log, the following information: Date of the wager or payout; Name of the bettor; Name and signature of the sports wagering employee authorizing the acceptance of the wager; and Name and signature of the sports wagering employee identifying the bettor and generating the sports wagering ticket or making the payout. A sports wagering licensee shall monitor for and report all suspicious activity related to sports wagering transactions.