Code of Massachusetts Regulations
205 CMR - MASSACHUSETTS GAMING COMMISSION
Title 205 CMR 222.00 - Capital Investment and Monitoring of Project Construction
Section 222.05 - Certification that Licensee Has Met Expenditure Requirement

Universal Citation: 205 MA Code of Regs 205.222

Current through Register 1531, September 27, 2024

(1) The Sports Wagering Licensee shall certify to the Commission that it has made a capital investment in its project of at least $7,500,000, and in accordance with an approved project plan.

(2) Upon receipt of such certification, the Commission or its representative may inspect the construction pursuant to 205 CMR 222.04(1), and request relevant plans, contracts, financing documents or additional records pursuant to 205 CMR 222.04(2).

(3) The Commission may either approve or disapprove the Sports Wagering Licensee's certification pursuant to 205 CMR 222.05(1). If the Commission disapproves the Licensee's certification, the Commission will notify the Licensee of the reasons for such disapproval.

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