Section 4-49-127 - Investigations by board(a) The council, utilizing employees of the council, may:(1) Conduct investigations or audits to determine whether a licensee is accepting wagers from minors or other persons ineligible to place wagers in this state; and(2) Conduct investigations to determine whether a person is unlawfully accepting wagers from another person without a license or at a location or in a manner in violation of this part.(b) After a hearing under § 4-49-126, if the council finds that: (1) A licensee is accepting wagers from minors or other persons ineligible to place wagers in this state, the council shall impose a fine against the licensee in the following amount: (A) For a first offense, one thousand dollars ($1,000);(B) For a second offense, two thousand dollars ($2,000); and(C) For a third or subsequent offense, five thousand dollars ($5,000); and(2) A person is unlawfully accepting wagers from another person without a license, the council shall impose a fine against the person in the following amount:(A) For a first offense, ten thousand dollars ($10,000);(B) For a second offense, fifteen thousand dollars ($15,000); and(C) For a third or subsequent offense, twenty-five thousand dollars ($25,000).(c) This section does not prohibit the council from suspending, revoking, or refusing to renew the license of a licensee or the registration of a vendor in accordance with § 4-49-126.Amended by 2023 Tenn. Acts, ch. 450, s 28, eff. 7/1/2023.Amended by 2023 Tenn. Acts, ch. 450, s 27, eff. 7/1/2023.Renumbered from T.C.A. s 4-51-327by 2021 Tenn. Acts, ch. 593, s 30, eff. 1/1/2022.Amended by 2021 Tenn. Acts, ch. 593, Secs.s 24, s 27eff. 1/1/2022.Added by 2019 Tenn. Acts, ch. 507, s 1, eff. 7/1/2019.