Statutes, codes, and regulations
West Virginia Administrative Code
Agency 178 - Racing CommissionTitle 178 - LEGISLATIVE RULE RACING COMMISSIONSeries 178-10 - Advance Deposit Account Wagering (ADW)
Part 3 - ADW LICENSEE OPERATIONS, REQUIREMENTS AND FEES
Section 178-10-6 - ADW licensee fees

W. Va. Code R. § 178-10-6

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Current through Register Vol. XLI, No. 50, December 13, 2024
Section 178-10-6 - ADW licensee fees
6.1. An initial or renewal application for an ADW license shall be accompanied by a nonrefundable application fee of $5,000.00 payable to the Racing Commission. Provided that an initial application for an ADW license submitted on or after the July 1, 2020 effective date of West Virginia §§ 19-23-12e et seq., and the effective date of this rule, for the period ending on December 31, 2020, shall be accompanied by a nonrefundable application fee of $2,500.00 payable to the Racing Commission.
6.2. An applicant for an initial or renewal ADW license shall be billed and shall be responsible for any costs involved in the background checks and review conducted by the Racing Commission in connection with the application. Payment for such costs shall be due within fifteen days of receipt of the bill issued by the Racing Commission.
6.3. The source market fee set forth in West Virginia Code § 19-23-12e(b) shall be paid by an ADW licensee to the Racing Commission on the tenth day of each month for the previous month. Thereafter, the Racing Commission shall distribute the source market fee in the manner required by West Virginia Code § 19-23-12e(b) by no later than the twentieth day of each month.
6.4. The regulatory fee set forth in West Virginia Code § 19-23-12e(h) shall be paid by an ADW licensee to the Racing Commission on the tenth day of each month for the previous month.
6.5. The additional fee set forth in West Virginia Code § 19-23-12e(i) to be deposited in the special revenue "Advance Deposit Wagering Account" shall be paid by an ADW licensee to the Racing Commission on the tenth day of each month for the previous month.
6.6. For purposes of this subsection, if a fee is required to be paid or a distribution is required to be made on a day that is a Saturday, Sunday or designated state holiday, then the fee shall be paid or the distribution shall be made on the next business day.

W. Va. Code R. § 178-10-6