# Business Regulation (GBR)

## Title 11. Horse Racing

### Subtitle 3. Licensing and Responsibilities of Licensees

#### Section 11-308

(a) Subject to the hearing provisions of Sec.Sec. 11-309 and 11-310 of this subtitle, the Commission may deny a license to an applicant or discipline a licensee in accordance with this section.

(b) The Commission may deny a license to any applicant for any reason that the Commission considers sufficient.

(c)

  (1) The Commission may reprimand any licensee or suspend or revoke a license if the licensee violates:

    (i) this title;

    (ii) a regulation adopted under this title; or

    (iii) a condition set by the Commission.

  (2) The Commission shall suspend or revoke a license if the applicant or licensee fails to:

    (i) keep records and make reports of ownership of stock that are required under Sec. 11-314 of this subtitle; or

    (ii) make a reasonable effort to get affidavits required under Sec. 11-314(b) and (c) of this subtitle.

(d)

  (1) The Commission may impose a penalty not exceeding $5,000 for each racing day that the licensee is in violation of subsection (c) of this section:

    (i) instead of suspending or revoking a license under subsection (c)(1) of this section; and

    (ii) in addition to suspending or revoking a license under subsection (c)(2) of this section.

  (2) To determine the amount of the penalty imposed under paragraph (1) of this subsection, the Commission shall consider:

    (i) the seriousness of the violation;

    (ii) the harm caused by the violation; and

    (iii) the good faith or lack of good faith of the licensee.

  (3) A penalty imposed on a licensee shall be paid from the licensee's share of the takeout.

---

Md. Code Ann., Bus. Reg. (as displayed at mgaleg.maryland.gov, October 16, 2026)