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Can you summarize MDCR 36.10.02?
SPORTS WAGERING PROVISIONS > All Applicants and LicenseesApplications and Investigations
Short Summary
These legal documents pertain to various aspects of the application and investigation process for sports wagering licenses in Maryland. They cover the requirement of obtaining a bond for applicants and licensees, exemption or waiver of license requirements, alternative licensing standards, identification and control of principal entities, disclosure of ownership interests, application documents for corporations and unincorporated business associations, consent for verification of personal and background information, background investigation requirements, and the application and investigation process for sports wagering licenses. The documents provide guidelines and procedures for applicants and licensees in the sports wagering industry, including the submission of specific information, compliance with licensing standards, and the consequences of non-compliance. The Commission has the authority to exempt certain applicants or licensees from the bond requirement if satisfactory proof of a bond is provided or if the Commission deems another bond adequate to protect the public interests. The Commission also has the discretion to exempt sports wagering employees from the bond requirement under certain circumstances. However, there are certain requirements related to minority business enterprise participation goals and procedures, as well as requirements of the Sports Wagering Application Review Commission (SWARC), that cannot be waived. The documents also outline the process for requesting exemptions or waivers, as well as alternative licensing requirements. They specify the information and documentation required in the application documents, including personal and background information, ownership details, and organizational documents. The documents also address the consent required for verification of personal and background information, as well as the background investigation requirements, including fingerprinting and disclosure of relevant records. The application and investigation process is outlined, including the submission requirements, review process, and the consequences of failing to comply with requested documents. Overall, these documents provide comprehensive guidance for applicants and licensees in the sports wagering industry in Maryland, ensuring compliance with licensing standards and protecting the public interest.
Whom does it apply to?
Applicants and licensees in the context of sports wagering in Maryland, principal entities, individuals or authorized representatives of persons applying for licenses or undergoing investigations in the Maryland State Lottery and Gaming Control Agency
What does it govern?
Requirement of obtaining a bond for applicants and licensees, exemption or waiver of license requirements, alternative licensing standards, identification and control of principal entities, disclosure of ownership interests, application documents for corporations and unincorporated business associations, consent for verification of personal and background information, background investigation requirements, application and investigation process for sports wagering licenses
What are exemptions?
The Commission has the authority to exempt an applicant or licensee from the bond requirement if satisfactory proof of a bond is provided or if the Commission deems another bond adequate to protect the public interests. The Commission also has the discretion to exempt sports wagering employees from the bond requirement if they are covered under another bond deemed adequate by the Commission or if they are employed in a capacity where the bond is determined unnecessary to protect the public interest. Certain requirements related to minority business enterprise participation goals and procedures, as well as requirements of the Sports Wagering Application Review Commission (SWARC), cannot be waived. Inadvertent, nonsubstantive errors in providing the required information will not be used as a reason for disqualification by the Commission.
What are the Penalties?
No specific penalties are mentioned in these documents.
Jurisdiction
Maryland