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Can you summarize WVCO 29-22E-10?
WEST VIRGINIA LOTTERY INTERACTIVE WAGERING ACT. > License prohibitions.
Short Summary
This provision outlines the license prohibitions under the West Virginia Lottery Interactive Wagering Act. The commission is prohibited from granting a license if the applicant has knowingly made a false statement, has been suspended or had a license revoked by a gaming regulatory authority, has been convicted of a gambling-related offense or theft/fraud offense, or has been employed by an illegal or offshore book that serviced the United States. The commission may also deny a license if the applicant or licensee does not demonstrate financial responsibility, is not the true owner of the business or fails to disclose other owners, or if a corporation sells a significant portion of a licensee’s voting stock or assets to an unqualified person. For interactive wagering licenses, the commission may deny, reprimand, suspend, or revoke a license for non-compliance with the requirements of this section or any other provision of the Act.
Whom does it apply to?
Applicants for licenses under the West Virginia Lottery Interactive Wagering Act
What does it govern?
License prohibitions
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Denial of license, reprimand, suspension, or revocation of license
Jurisdiction
West Virginia