Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 27 - SPORTS WAGERING
Rule 2 - Sports Wagering Licensure
Section 2-11 - Duty to maintain suitability, duty to disclose; transfer of ownership interest
Current through September 18, 2024
Authority: IC 4-38-1-4; IC 4-38-3-1
Affected: IC 4-33; IC 4-35; IC 4-38
Sec. 11.
(a) A certificate of authority holder, vendor licensee, sports wagering service provider licensee, and a registrant have a continuing duty to maintain suitability for licensure. A license issued under this rule does not create a property right, but is a revocable privilege granted by the state contingent upon continuing suitability for licensure.
(b) The sports wagering operators, sports wagering service providers, and registrant applicants are responsible for the following:
(c) Certificate of authority holders, vendors, registrants, and sports wagering service provider licensees shall notify the commission of a material change in the information submitted in the application, or a matter that renders the licensee ineligible to hold a certificate of authority, vendor or sports wagering service provider license, or registration.
(d) An ownership interest in a certificate of authority or vendor's license shall not be transferred unless the transfer complies with 68 IAC 5.