Regulation .04 Class A-2 Sports Wagering Facility License.
Regulation .04 Class A-2 Sports Wagering Facility License.LinkCopy Citation
A.
The Commission shall issue a Class A-2 Sports Wagering Facility License to an applicant that meets all applicable licensing requirements under State Government Article, Title 9, Subtitle 1E, Annotated Code of Maryland, and the Commissions regulations.
B.
A Class A-2 Sports Wagering Facility License may only be issued to:
(1)
A Video lottery operator with 1,000 or fewer video lottery terminals; or
(2)
A horse racing licensee under Business Regulation Article, §11-510(b) that is licensed by the Racing Commission to hold racing at:
(a)
A race track located at Laurel Park; and
(b)
Pimlico Race Course.
C.
The nonrefundable application fee for a Class A-2 sports wagering facility license is $1,000,000.
D.
The performance bond for a Class A-2 sports wagering facility license is $3,000,000.