Md. Code Regs. 36.10.04.11

Current through Register Vol. 51, No. 22, November 1, 2024

Section 36.10.04.11 - Minority Business Enterprise Participation Goals and Reporting Requirements

A. These requirements pertain to all sports wagering facility licensees.

B. In this regulation, "license" and "licensee" refers to the sports wagering facility licensee.

C. If a licensee contracts with a sports wagering facility operator licensee to conduct its sports wagering operations, the licensee remains responsible for compliance with the requirements in this regulation.

D. On or before 6 months after the Commission issues a license, the Governor's Office of Small, Minority, and Women Business Affairs, in consultation with the Office of the Attorney General and the licensee, shall establish a clear plan for setting reasonable and appropriate minority business enterprise participation goals and procedures for the procurement of goods and services related to sports wagering, including procurement of construction, equipment, and ongoing services.

E. The licensee shall provide all information required by the Governor's Office of Small, Minority, and Women Business Affairs, the Office of the Attorney General, and the Commission.

F. To the extent practicable and authorized by the United States Constitution, a licensee shall comply with the State's Minority Business Program.

G. Annual Required Reporting.

(1) On or before July 1 of each year, a licensee shall report to the Commission:

(a) The number of minority and women owners of the licensee;

(b) The ownership interest of any minority and women owners of the licensee;

(c) The number of minority and women employees of the licensee;

(d) The number of current contracts the licensee has with minority- owned and women-owned subcontractors; and

(e) Any other information the Commission requires.

(2) Or before September 1 of each year, all licensees shall report to the Commission the following data, broken down by categories defined by the Commission:

(a) The operation of sports wagering in the State; and

(b) Sports wagering revenues from the immediately preceding fiscal year, including:

(i) Handle;

(ii) Hold;

(iii) Hold percentage; and

(iv) Proceeds.

H. December 1, 2025 Report to the General Assembly.

(1) The Commission is required to submit a report concerning licenses and mobile sports wagering licenses, the subject of which includes:

(a) The racial, ethnic, gender, and geographic diversity of Class B-1 and B-2 licensees and mobile sports wagering licensees;

(b) The level of market saturation of sports wagering in the State; and

(c) Whether the number of Class B"1 and B"2 sports wagering facility licenses and mobile sports wagering licenses that may be issued should be increased.

(2) In order to carry out the requirements of §H(1), licensees shall provide information requested by the Commission on or before June 1, 2025.

Md. Code Regs. 36.10.04.11

Amended effective 49:1 Md. R.16, eff. 1/13/2022