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Can you summarize TNRR Section 1350-01-.07?
Sports Gaming License Standards > MAINTENANCE OF LICENSE OR REGISTRATION
Short Summary
This document outlines the requirements and conditions that Licensees and Registrants must maintain in order to keep their License or Registration. Failure to meet these requirements may result in the suspension or revocation of the License or Registration, as well as the imposition of fines. The document covers various aspects, including reserve requirements, insurance requirements, periodic audits, financial reporting and data requirements, bank account maintenance, payment of privilege tax, integrity monitoring, prohibition on wagers by and payouts to minors, prohibition on wagers by prohibited participants, participation in investigations, manner of advertising, marketing, and promotion, maintenance of a self-exclusion list, reporting requirements, house rules, internal controls, and geolocation system requirements.
Whom does it apply to?
Licensees and Registrants
What does it govern?
Maintenance of License or Registration
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Suspension or revocation of a License or Registration, imposition of a fine
Jurisdiction
Tennessee