Md. Code Regs. 36.10.04.06
Current through Register Vol. 51, No. 22, November 1, 2024
Section 36.10.04.06 - Class B-2 Sports Wagering Facility LicenseA. The Commission shall issue a Class B-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, and has less than either: (1) 25 full-time equivalent employees; or(2) $3,000,000 in annual aggregate gross receipts of the applicant's businesses.B. The nonrefundable application fee for a Class B-2 sports wagering facility license is $50,000.C. The performance bond for a Class B-2 sports wagering facility license is $150,000.D. Request to Change Proposed Facility Location.(1) An applicant for a Class B-2 sports wagering facility license may submit to the Commission and SWARC a request to amend the application for the sole purpose of altering the proposed location of the sports wagering facility, if: (a) The Commission qualified the applicant on or before February 15, 2023;(b) SWARC awarded the applicant's sports wagering facility license on or before February 15, 2023; and(c) The Commission has not yet issued the license.(2) The applicant shall submit its written request to the Commission and SWARC so that the request is received by both commissions on or before December 31, 2023.(3) If SWARC approves the request, the Commission may:(a) Consider a timely written request;(b) In the Commission's discretion, grant or deny the request; and(c) Notify the applicant of the outcome.(4) Nothing in this section may be construed to change or supersede any provision of State Government Article, § 9-1E-01, et seq., Annotated Code of Maryland, or any other provision in this subtitle or COMAR 36.11.Md. Code Regs. 36.10.04.06
Regulation .06; 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.