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Can you summarize 205 CMR 234?
Massachusetts Gaming Commission (formerly State Racing Commission) > Sports wagering vendors
Short Summary
This document governs the licensing and registration requirements for Sports Wagering Vendors in Massachusetts. It states that no person shall conduct business with a Sports Wagering Operator as a Sports Wagering Vendor unless they have been licensed as a Sports Wagering Vendor. Non-sports Wagering Vendors and Sports Wagering Subcontractors are exempt from obtaining a Sports Wagering Vendor License or registering as a Sports Wagering Registrant, with certain conditions. The document also outlines the requirements for third-party marketing and advertising entities, revenue-sharing advertisers, and exceptions for certain fields of commerce. It further explains the designation for registration of vendors and subcontractors, the qualification of new qualifiers for Sports Wagering Vendors, and the possibility of waivers for certain institutional investors or individuals. Specific penalties for non-compliance are not mentioned in this document.
Whom does it apply to?
Persons conducting business with a Sports Wagering Operator as a Sports Wagering Vendor
What does it govern?
Licensing and registration requirements for Sports Wagering Vendors in Massachusetts
What are exemptions?
Non-sports Wagering Vendors and Sports Wagering Subcontractors may be exempt from obtaining a license or registration, but the Division of Licensing may designate them as Sports Wagering Registrants based on certain factors. Certain fields of commerce may also be exempt from licensure or registration as vendors.
What are the Penalties?
Specific penalties for non-compliance are not mentioned in this document.
Jurisdiction
Massachusetts