11 Va. Admin. Code § 5-70-80

Current through Register Vol. 41, No. 8, December 2, 2024

Section 11VAC5-70-80 - Sports betting vendor registrations

A. Any person not approved by the director as a registered sports betting vendor may not perform vendor functions for a permit holder or sports betting supplier within the Commonwealth.

B. An applicant for a sports betting vendor registration shall complete and submit the electronic application form required by the department.

C. The application for a sports betting vendor registration shall include all information required by department staff.

D. The application for a sports betting vendor registration shall be accompanied by a wire transfer of nonrefundable $500 application/registration fee toward the department's administrative costs to conduct the background investigation of the applicant.

E. The term of a sports betting vendor registration shall be three years from the date of issuance.

F. At least 60 days before the end of the term of a vendor registration, a vendor registrant shall submit a:

1. Renewal application in the form required by the department, and

2. Nonrefundable wire transfer of $500 as an application/registration fee and background investigation fee.

11 Va. Admin. Code § 5-70-80

Derived from Virginia Register Volume 37, Issue 04, eff. 10/12/2020.

Statutory Authority: §§ 58.1-4007, 58.1-4015.1, and 58.1-4030 through 58.1-4047 of the Code of Virginia.