Md. Code Regs. 36.10.04.04

Current through Register Vol. 51, No. 22, November 1, 2024

Section 36.10.04.04 - Class A-2 Sports Wagering Facility License

A. The Commission shall issue a Class A-2 Sports Wagering Facility License to an applicant that meets all applicable licensing requirements under State Government Article, Title 9, Subtitle 1E, Annotated Code of Maryland, and the Commission's regulations.

B. A Class A-2 Sports Wagering Facility License may only be issued to:

(1) A Video lottery operator with 1,000 or fewer video lottery terminals; or

(2) A horse racing licensee under Business Regulation Article, § 11-510(b) that is licensed by the Racing Commission to hold racing at:

(a) A race track located at Laurel Park; and

(b) Pimlico Race Course.

C. The nonrefundable application fee for a Class A-2 sports wagering facility license is $1,000,000.

D. The performance bond for a Class A-2 sports wagering facility license is $3,000,000.

Md. Code Regs. 36.10.04.04

Regulation .04; amended effective 49:1 Md. R.16, eff. 1/13/2022; amended effective 50:26 Md. R. 1130, effective 12/12/2023, exp. 6/9/2024 (Emergency); amended effective 51:10 Md. R. 529, eff. 5/27/2024.