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Can you summarize 205 CMR 121?
Massachusetts Gaming Commission (formerly State Racing Commission) > Licensing fee
Short Summary
This legal document governs the licensing and assessment fees for gaming establishments in Massachusetts. It applies to licensees of category 1 and category 2 licenses, as well as gaming establishments. Licensees of category 1 licenses are required to pay a license fee of $85,000,000 within 30 days of the award, while licensees of category 2 licenses must pay a license fee of $25,000,000 within the same timeframe. In addition to the license fees, there are additional fees and assessments for each gaming establishment, including an annual license fee for each approved slot machine, an annual assessment to cover the commission’s costs, an annual fee to be deposited into the Public Health Trust Fund, and any other license fees required by the commission. The commission has the authority to adjust the assessments and fees based on the actual number of positions at a gaming establishment. The document does not specify any penalties for non-compliance or violation of its provisions.
Whom does it apply to?
Licensees of category 1 and category 2 licenses, gaming establishments
What does it govern?
Licensing and assessment fees for gaming establishments in Massachusetts
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Massachusetts