<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.sf179463a-2bf9-4f3a-a44f-1d5af7583771P0 { margin-top: 0; margin-bottom: 0; margin-left: 0; margin-right: 0; text-indent: 0.00in; text-align: justify; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; } span.sf179463a-2bf9-4f3a-a44f-1d5af7583771C0 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000000 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000001 { color: black; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf179463a-2bf9-4f3a-a44f-1d5af7583771000002 { color: black; background: white; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000003 { color: #0000FF; background: white; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771P0"><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">    </span><a href="https://sdlegislature.gov/Rules?Rule=20:18:35:34"><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000000">20</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000000">:</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000000">18</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000000">:</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000000">35</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000000">:</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000000">34</span></a><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000001">.  </span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000001">Reserve requirement</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000001">.</span><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0"> </span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">A licensee or sports wagering services provider shall submit a plan to maintain a reserve in the amount necessary to ensure the security of funds held in wagering accounts for sports wagering and the ability to cover the outstanding sports wagering liability. All plans shall require commission approval</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">.</span></p><p dir="ltr" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771P0"><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771000002"> </span></p><p dir="ltr" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771P0"><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">    </span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000001">Source:</span><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0"> </span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">48 SDR 14, effective August 22, 2021</span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">.</span></p><p dir="ltr" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771P0"><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">    </span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000001">General Authority:</span><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-7"><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000003">42-7B-7</span></a><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">, </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-11"><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000003">42-7B-11</span></a><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">(13).</span></p><p dir="ltr" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771P0"><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">    </span><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000001">Law Implemented:</span><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-2.1"><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000003">42-7B-2.1</span></a><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">(1), </span><a href="https://sdlegislature.gov/Statutes?Statute=42-7B-43"><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0-000003">42-7B-43</span></a><span class="sf179463a-2bf9-4f3a-a44f-1d5af7583771C0">.</span></p><p dir="ltr" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771P0"><span xml:space="preserve" class="sf179463a-2bf9-4f3a-a44f-1d5af7583771000002"> </span></p></div></body></html>