Earlier this week, the OCCC submitted a rule change proposal to “remove credit cards as a funding option for deposit-enabled accounts” for sports gaming. The proposed rule change amends Ohio Adm.Code 3775-16-03, a provision concerning sports gaming accounts.
The proposed rule change would only allow sportsbook accounts to be funded using:
Promotional credits
Winnings
ACH transfers
Wire transfers
Corrections made by sports gaming providers with notifications sent to bettors
The state also allows funding by “any other means approved by the executive director”.
Ohio’s rulemaking process
The OCCC is allowing key stakeholders in gaming to weigh in on the proposed rule change. The regulator welcomes written comments, which must be submitted by May 15.
“While you will have some additional chances to comment on these rul..