Section R. 432.525c - Provisional licensesRule 525c.
(1) Upon written request of a person applying for a fantasy contest operator license or management company license, the executive director may issue a provisional license to the applicant and allow the applicant to conduct business for which a license is required under the act and these rules, if all of the following conditions are met: (a) A completed application, an initial license fee, and all required disclosure forms and other required written documentation and materials have been submitted by the applicant.(b) Preliminary review of the application and a criminal history check does not reveal that the applicant or the applicant's affiliates or key persons have been convicted of a felony or misdemeanor involving gambling, theft, dishonesty, or fraud or may otherwise be ineligible or unsuitable to allow for licensure under the act or these rules.(c) There is no other apparent deficiency in the application that may require denial of the application.(d) If the person is an applicant for a management company license, the applicant has a letter of intent to manage the day-to-day fantasy contest operations of a fantasy contest operator or the applicant shows good cause for being granted a provisional license.(2) A provisional license issued under this rule expires on the date provided by the board.(3) If a provisional license issued under this rule expires, or is suspended or revoked, the executive director will forward the applicant's application for a fantasy contest operator license or management company license to the board at the conclusion of the background investigation for action on the application.(4) The board may, at its discretion, waive any or all of the provisions listed in subrule (1) of this rule if the applicant is licensed by the board under the Michigan Gaming Control and Revenue Act, 1996 IL 1, MCL 432.201 to 432.226, the lawful internet gaming act, 2019 PA 152, MCL 432.301 to 432.322, or the lawful sports betting act, 2019 PA 149, MCL 432.401 to 432.419.Mich. Admin. Code R. 432.525c
2023 MR 20, Eff. 10/11/2023