{"data":{"id":"us-va/11vac5-70-300","jurisdiction":"us-va","citation":"11VAC5-70-300","heading":"Internal control standards","body":"A. A permit holder and its sports betting platform supplier shall develop and maintain internal control standards that meet or exceed industry standards as approved by the director.\n\nB. A permit holder's internal control standards shall address at a minimum:\n\n1. Safeguarding assets and revenues;\n\n2. Safeguarding player accounts;\n\n3. Requirements for internal and independent audits of the permit holder and its sports betting platform supplier;\n\n4. User access controls for all personnel;\n\n5. Segregation of duties among personnel;\n\n6. Automated and manual risk management procedures;\n\n7. Procedures for identifying and reporting fraud, cheating, and suspicious or unusual wagering activity;\n\n8. Procedures for identifying and preventing sports betting by prohibited individuals;\n\n9. Description of its AML compliance standards;\n\n10. Description of all types of wagers available to be offered by the permit holder;\n\n11. Description of all integrated third-party hardware, software, or systems;\n\n12. A monitoring system to identify irregularities in volume or odds and swings that could signal unusual or suspicious wagering activity that should require further investigation; and\n\n13. A wager or attempt to wager above any maximum wager threshold set by the permit holder that qualifies as unusual or suspicious wagering.","path":["Title 11. Gaming","Agency 5. Virginia Lottery Board","Chapter 70. Sports Betting"],"source_url":"https://law.lis.virginia.gov/admincode/title11/agency5/chapter70/section300/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:49:38Z","sha256":"7f260b2061d8d8aa04e8b1182df238d30df8d3a24d940ffebf963b91c67b262c","source_id":"us-va-vac","stale":false,"prev":"us-va/11vac5-70-290","next":"us-va/11vac5-70-310"},"notice":"GroundRules: Original legal text. Not legal advice."}