Sec. 11. The commission shall adopt rules under IC 4-22-2 to implement this chapter. Rules adopted under this section may include rules that prescribe:
(1) procedures for verifying the age of an individual opening an advance deposit wagering account or placing a wager with a licensed SPMO;
(2) requirements for opening and administering advance deposit wagering accounts;
(3) a guarantee or acceptable surety that the full value of balances in an advance deposit wagering account will be paid;
(4) record keeping requirements;
(5) licensure procedures, including investigation of applicants, forms for licensure, and procedures for renewal; and
(6) civil penalties for violations of this chapter or the rules adopted by the commission.