Lawriter - OAC - 3770:2-3-08 Video lottery licenses; compensation, credits and reimbursement of expense.

3770:2-3-08 Video lottery licenses; compensation, credits and reimbursement of expense.

(A) Commission. Each video lottery sales agent shall receive a commission of sixty-six and one-half per cent which shall be calculated as a percentage of video lottery terminal income. The director shall establish procedures for the payment of commissions due to video lottery sales agents. The procedures established by the director pursuant to this rule shall include but not be limited to procedures for calculation of financial adjustments. In connection with the sale of lottery tickets by a video lottery sales agent, other than video lottery tickets, a video lottery sales agent shall be paid commissions pursuant to rule 3770-4-09 of the Administrative Code.

(B) Unclaimed credit vouchers. Funds available as unclaimed credit vouchers, as determined by the director, shall be owed to the commission in accordance with procedures established by the director.

(C) Value credits. As authorized by the director, a video lottery sales agent, may offer value credits to video lottery participants in amounts approved by the director. In the event that a video lottery sales agent offers value credits in excess of value credits approved by the director to be offered, the video lottery sales agent shall be financially responsible for payment to the commission for the value of the credits.

(D) Reimbursement of expense. The director may establish procedures for reimbursement of expenses properly incurred by a video lottery sales agent as authorized by the director.

Effective: 12/29/2011
R.C. 119.032 review dates: 10/28/2015
Promulgated Under: 119.03
Statutory Authority: 3770.03
Rule Amplifies: 3770.01, 3770.02, 3770.03, 3770.06, 3770.21
Prior Effective Dates: 8/18/09 (Emer),10/18/2010