Md. Code Regs. 36.09.02.01

Current through Register Vol. 51, No. 7, April 5, 2024

Section 36.09.02.01 - Registration

A. Before offering services in connection with a fantasy competition to players physically located in Maryland, a fantasy competition operator shall register with the Commission.

B. A fantasy competition operator may not conduct an online fantasy competition unless registered to do so by the Commission.

C. A fantasy competition operator shall register with the Commission every year not more than 365 days from the date of its previous registration, if it is offering services in connection with a fantasy competition in Maryland.

D. A person required to register shall provide, in the manner specified by the Commission:

(1) The name and principal address of the fantasy competition operator;

(2) If a corporation, the state of incorporation and the full name and address of each officer, director, trustee, and principal salaried executive staff officer;

(3) If a foreign corporation, evidence of qualification to conduct business in the State;

(4) If a partnership or joint venture, the name and address of each owner and officer;

(5) The name and address of the fantasy competition operator's resident agent in the State;

(6) The place where and the date when the fantasy competition operator was legally established and the form of its organization;

(7) Information concerning each fantasy competition offered by the fantasy competition operator as described in Regulation .02 of this chapter;

(8) Evidence satisfactory to the Commission that the fantasy competition operator has established and will implement procedures that prevent those individuals identified in COMAR 36.09.03.03 from participating in fantasy competitions;

(9) A plan that describes how the fantasy competition operator will maintain compliance with COMAR 36.09.04;

(10) A responsible gaming plan required under COMAR 36.09.05; and

(11) Any additional information required by the Commission.

E. For each fantasy competition operator registered under this chapter, the Commission shall issue a registration certificate.

F. A fantasy competition operator registered under this chapter may operate fantasy competitions in accordance with this subtitle.

G. Information provided by the fantasy competition operator shall be available for public review.

H. In the event that information provided by the fantasy competition operator is no longer accurate due to a change in circumstances, a fantasy competition operator shall provide the Commission with the corrected information within 10 work days.

Md. Code Regs. 36.09.02.01

Regulation .01 recodified and amended from .36.09.01.12 effective 49:3 Md. R.137, eff. 12/16/2021; amended and recodified from .36.09.01.12 effective 49:11 Md. R. 610, eff. 5/30/2022