The Commission may deny a permit to an applicant for a satellite simulcast betting permit, or may suspend or revoke a satellite simulcast betting permit, if: An applicant or permit holder: Has violated an applicable provision of law, Has violated a regulation of the Commission, or Has not complied with a condition imposed by the Commission; The Commission determines that the: Information it obtains pursuant to Regulations .02—.05 of this chapter does not justify the granting or renewal of a permit, or Permit holder has not maintained the satellite simulcast betting facility or its operation in a manner consistent with the information the Commission relied upon in granting the permit. Instead of, or in addition to, suspending a permit, the Commission may impose a fine not exceeding $5,000 for each day a violation occurs. In determining the penalty to be imposed, the Commission shall consider the: Seriousness of the violation; Harm caused by the violation; Good faith or lack of good faith of the permittee; and Operational history of the permittee.