Can you summarize 205 CMR 218?
These documents govern the application requirements, standards, and procedures for obtaining a Sports Wagering License in Massachusetts. They apply to Sports Wagering License Applicants and the Massachusetts Gaming Commission (formerly State Racing Commission). The Commission may conduct consultation meetings or information sessions with applicants to provide guidance on application procedures. The application must be filed on or before the applicable deadline established by the Commission. Different deadlines may be established for different categories or groups of sports wagering licenses.
Can you summarize 205 CMR 218.06?
This document outlines the process for evaluating Sports Wagering License Applications by the Massachusetts Gaming Commission. Once an application is deemed administratively sufficient, the Commission will conduct a substantive evaluation of its contents. The Commission may utilize technical assistance and analyze various factors and considerations without any particular order or weight. The evaluation may involve public meetings, requests for additional information or modified proposals, and the Commission will deliberate on license applications in a public meeting.
Can you summarize 205 CMR 219?
The legal documents outline the temporary licensing procedures for Operators in the Commonwealth under the jurisdiction of the Massachusetts Gaming Commission (formerly State Racing Commission). The documents specify the eligibility criteria for requesting a Temporary License, which includes being deemed eligible by the Commission or being awarded a Sports Wagering License. The process for requesting a Temporary License involves submitting a request to the Executive Director along with an initial licensing fee of $1,000,000.
Can you summarize 205 CMR 220?
The provided legal document outlines the conditions that apply to all Sports Wagering Licenses issued by the Massachusetts Gaming Commission. These licenses govern the operation of sports wagering in the Commonwealth. Operators who wish to conduct sports wagering must obtain an Operation Certificate and comply with all terms and conditions of their license and Operation Certificate. They are also required to adhere to M.G.L. c. 23N (Massachusetts General Laws, Chapter 23N) and all rules and regulations set forth by the Commission.
Can you summarize 205 CMR 221?
This document governs the licensing and assessment fees for sports wagering operators regulated by the Massachusetts Gaming Commission. It outlines the fees to be paid at different stages of the licensing process, including an initial license fee of $1,000,000 upon submission of a request for a Temporary License, a renewal license fee of $1,000,000 after the renewal of a Temporary License, and a license fee of $5,000,000 upon the award of a Sports Wagering Operator License.
Can you summarize 205 CMR 233?
This legal document, governed by 205 CMR 233.00, establishes the procedures and protocols for the voluntary self-exclusion list for sports wagering in Massachusetts. The list is maintained by the Massachusetts Gaming Commission and includes names and information of individuals who have voluntarily excluded themselves from sports wagering activities. The purpose of the self-exclusion list is to address problem gambling behavior and deter individuals with personal concerns from participating in sports wagering.
Can you summarize 205 CMR 233.01?
This document, governed by 205 CMR 233.00, establishes the procedures and protocols for the voluntary self-exclusion list for sports wagering in Massachusetts. The list consists of names and information of individuals who have complied with the requirements and have been placed on the list by the Massachusetts Gaming Commission. The purpose of the self-exclusion list is to provide individuals with a means to address problem gambling behavior or to deter individuals with personal concerns from participating in sports wagering activities.
Can you summarize 205 CMR 234?
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.
Can you summarize 205 CMR 235?
This legal document outlines the requirement for obtaining an occupational license for individuals performing supervisory duties related to the operation of sports wagering on behalf of a sports wagering operator. It specifies that no person can perform such duties without obtaining an occupational license in accordance with 205 CMR 235.00. However, there are exemptions for qualifiers to a sports wagering operator, persons licensed or registered as Key Gaming Employees or in association with a Gaming Vendor, and persons licensed, qualified, or registered in association with a Sports Wagering Vendor.
Can you summarize 205 CMR 240?
This document governs the remittance and reporting of taxes on adjusted gross sports wagering receipts and adjusted gross fantasy wagering receipts. It applies to operators or persons/entities offering sports wagering or fantasy contests. The excise taxes are due and payable in monthly installments on the fifteenth calendar day following the month in which the receipts were received. A monthly remittance report must be filed with the Commission, providing details of gross sports wagering receipts, adjusted gross sports wagering receipts, tax liability for operators, gross fantasy wagering receipts, adjusted gross fantasy wagering receipts, and tax liability for persons/entities offering fantasy contests.