W. Va. Code R. § 179-9-11

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 179-9-11 - Approval to immediately commence sports pool or online sports pool operations

11.1. Upon receiving an application for a sports wagering operator's license, the Director shall review the request. If the Director determines that the applicant holds a valid casino license, has paid the sports wagering license fee, and is in compliance with this section, the Commission shall immediately issue a sports wagering license as provided in the Act.

11.2. Any sports pool intermediary seeking to operate a sports wagering pool or online sports wagering pool pursuant to a contract with the licensed sports pool operator must be licensed as a management services provider, as provided in the Act. Upon submitting an application fee to the Commission for a management services provider license, an applicant may submit a contemporaneous request to the Commission for an interim license authorizing the applicant to immediately act as a sports pool intermediary for up to 270 days, pending the Commission's full review of the application for an annual license. Once approved, an annual license commencement date is the date on which an interim license was issued.

11.3. Any sports pool intermediary seeking to sell, lease, or offer services related to sports wagering equipment, systems, or other gaming items necessary to conduct sports wagering must be licensed as a supplier, as provided in the Act. Upon submitting an application fee to the Commission for a supplier license, an applicant may submit a contemporaneous request to the Commission for an interim license authorizing the applicant to immediately act as a sports pool intermediary for up to 270 days, pending the Commission's full review of the application for an annual license. Once approved, an annual license commencement date is the date on which an interim license was issued.

11.4. All sports pool wagering and online sports pool wagering conducted under authority of an interim license approval shall comply with these rules.

W. Va. Code R. § 179-9-11