205 Mass. Reg. 222.05

Current through Register 1523, June 7, 2024
Section 222.05 - Certification that Licensee Has Met Expenditure Requirement
(1) The Sports Wagering Licensee shall certify to the Commission that it has made a capital investment in its project of at least $7,500,000, and in accordance with an approved project plan.
(2) Upon receipt of such certification, the Commission or its representative may inspect the construction pursuant to 205 CMR 222.04(1), and request relevant plans, contracts, financing documents or additional records pursuant to 205 CMR 222.04(2).
(3) The Commission may either approve or disapprove the Sports Wagering Licensee's certification pursuant to 205 CMR 222.05(1). If the Commission disapproves the Licensee's certification, the Commission will notify the Licensee of the reasons for such disapproval.

205 CMR 222.05

Adopted by Mass Register Issue 1497, eff. 5/17/2023 (EMERGENCY).
Amended by Mass Register Issue 1501, eff. 5/17/2023 (COMPLIANCE).