205 Mass. Reg. 221.01

Current through Register 1523, June 7, 2024
Section 221.01 - Licensing and Assessment Fees
(1) Upon submission of a request for a Temporary License pursuant to 205 CMR 219.00: Temporary Licensing Procedures, the requestor shall pay an initial non-refundable license fee of $1,000,000 to the Commission.
(2) Within 30 days after the award of a Sports Wagering Operator License by the Commission, the Operator shall pay a license fee of $5,000,000 to the Commission; provided, however, that any $1,000,000 fee or fees paid to the Commission because the Operator previously received or renewed a Temporary License shall be credited against that $5,000,000. As a pre-condition of any award, the Commission may provide that such license fees be paid on an installment basis before the award is made and the license issued.
(3) The following additional fees are due and payable to the Commission for each Sports Wagering Operator:
(a) An Annual Assessment as provided by M.G.L. c. 23N, § 15(c), to be determined by the Commission and calculated in accordance with M.G.L. c. 23N, § 15(c) to cover costs of the Commission necessary to maintain control over Sports Wagering, in proportion to each licensees' actual or projected Adjusted Gross Sports Wagering receipts; provided, however, that such assessment may be adjusted by the Commission at any time after payment is made where required to reflect the actual Adjusted Gross Sports Wagering Receipts, and accordingly, the payment of additional funds may be required or a credit may be issued towards the payment due the following year;
(b) An annual fee, as provided by M.G.L. c. 23N, § 15(e) reflecting each Operator that is not a Category 1 Sports Wagering Licensee's share of $1,000,000 to be deposited into the Public Health Trust Fund; provided, however, that the Commission shall determine each Operator's share as their proportional share of anticipated or actual Adjusted Gross Sports Wagering Receipts; provided further, however, that such assessment may be adjusted by the Commission at any time after payment is made where required to reflect the actual adjusted gross sports wagering revenue; and
(c) any other such license fees required under M.G.L. c. 23N and required to be assessed by the Commission.

205 CMR 221.01

Adopted by Mass Register Issue 1484, eff. 11/16/2022 (EMERGENCY).
Amended by Mass Register Issue 1488, eff. 11/16/2022 (COMPLIANCE).
Amended by Mass Register Issue 1518, eff. 3/29/2024.