Code of Maryland Regulations
Title 36 - MARYLAND STATE LOTTERY AND GAMING CONTROL AGENCY
Subtitle 10 - SPORTS WAGERING PROVISIONS
Chapter 36.10.04 - Specific Requirements for Sports Wagering Facilities Licensees
Section 36.10.04.06 - Class B-2 Sports Wagering Facility License
Universal Citation: MD Code Reg 36.10.04.06
Current through Register Vol. 51, No. 19, September 20, 2024
A. The Commission shall issue a Class B-2 sports wagering facility license to an applicant that meets all applicable licensing requirements under State Government Article, Title 9, Subtitle 1E, Annotated Code of Maryland, and the Commission's regulations, and has less than either:
(1) 25 full-time equivalent
employees; or
(2) $3,000,000 in
annual aggregate gross receipts of the applicant's
businesses.
B. The nonrefundable application fee for a Class B-2 sports wagering facility license is $50,000.
C. The performance bond for a Class B-2 sports wagering facility license is $150,000.
D. Request to Change Proposed Facility Location.
(1) An applicant for a Class B-2
sports wagering facility license may submit to the Commission and SWARC a
request to amend the application for the sole purpose of altering the proposed
location of the sports wagering facility, if:
(a) The Commission qualified the applicant on
or before February 15, 2023;
(b)
SWARC awarded the applicant's sports wagering facility license on or before
February 15, 2023; and
(c) The
Commission has not yet issued the license.
(2) The applicant shall submit its written
request to the Commission and SWARC so that the request is received by both
commissions on or before December 31, 2023.
(3) If SWARC approves the request, the
Commission may:
(a) Consider a timely written
request;
(b) In the Commission's
discretion, grant or deny the request; and
(c) Notify the applicant of the
outcome.
(4) Nothing in
this section may be construed to change or supersede any provision of State
Government Article, §
9-1E-01, et seq.,
Annotated Code of Maryland, or any other provision in this subtitle or COMAR
36.11.
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