Code of Massachusetts Regulations
205 CMR - MASSACHUSETTS GAMING COMMISSION
Title 205 CMR 234.00 - Sports Wagering Vendors
Section 234.03 - Submission by Applicants; Fees

Universal Citation: 205 MA Code of Regs 205.234

Current through Register 1537, December 20, 2024

(1) An application, disclosure form or registration for the initial issuance of a Sports Wagering Vendor License shall include all of the following:

(a) A completed Business Entity Disclosure Form-Sports Wagering Vendor, as applicable, as set forth in 205 CMR 234.02(1) and (2); and

(b) Proof of the vendor's business relationship with one or more Operators in the manner prescribed by the Division of Licensing.

(2) A Sports Wagering Vendor, Sports Wagering Registrant or qualifier (individual) shall file all the applicable Sports Wagering Business Entity Disclosure Forms or Sports Wagering employee disclosure forms, or a Sports Wagering Registration Form.

(3) A qualifier for a Sports Wagering Vendor License may, if authorized by the Bureau, instead file disclosure information including, but not limited to, for publicly traded companies, copies of securities filings and/or audited consolidated financial statements for a period as determined by the Bureau, in lieu of the form identified in 205 CMR 234.03(1)(a).

(4) Except as otherwise provided for in 205 CMR 234.07, each Applicant shall file a complete application pursuant to 205 CMR 234.03(1) with the Division of Licensing in the manner prescribed by the Division of Licensing. The Division of Licensing shall not accept an incomplete application.

(5) Fees.

(a) A non-refundable fee of $15,000 for an initial application and $5,000 for a renewal shall be paid at the time of application for licensure as a Sports Wagering Vendor.

(b) A non-refundable fee of $5,000 for an initial application and $5,000 for a renewal shall be paid at the time of application for registration as a Sports Wagering Registrant.

(c) Such fees shall be subject to the provisions of 205 CMR 134.15: Fees regarding increases in application fees and manner of submittal of such fees.

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