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Can you summarize AZRS 5-1305?
License review; approval; fees; material change; exemption; display; transferability
Short Summary
This legal document governs the licensing and regulation of event wagering operators and limited event wagering operators in Arizona. The document outlines the process for obtaining a license, including the submission of a completed application and the required fee. The department conducts background investigations to ensure the applicant’s qualifications and may deny the application based on certain criteria, such as prior convictions or providing false information. The department must issue a license within sixty days of receiving a complete application, unless disqualifying factors are found. The fees collected from licensees are deposited into the event wagering fund and used for operating and administrative expenses. Licensees are required to notify the department of any material changes to their application information. Indian tribes operating event wagering exclusively on Indian lands are exempt from the licensure requirements. Licensees must display their license conspicuously and may not transfer the license without prior approval from the department.
Whom does it apply to?
Event wagering operators, limited event wagering operators, and applicants for licensure or renewal
What does it govern?
Licensing and regulation of event wagering operators and limited event wagering operators
What are exemptions?
Indian tribes operating event wagering exclusively on Indian lands
What are the Penalties?
No specific penalties mentioned
Jurisdiction
Arizona