Current through Vol. 24-22, December 15, 2024
Section R. 432.725c - Provisional licenses for sports betting suppliersRule 725c.
(1) Upon written request of a person applying for a sports betting suppliers license, the executive director may issue a provisional license to the applicant and permit the applicant to conduct business transactions with, and provide goods and services to sports betting operators, if all of the following provisions are complied with: (a) A completed application, an application fee, and all required disclosure forms and other required written documentation and materials have been submitted by the applicant.(b) Preliminary review of the application and a criminal history check does not reveal that the applicant or the applicant's affiliate or key person, has been convicted of a felony or misdemeanor involving gambling, theft, dishonesty, or fraud or may otherwise be ineligible or unsuitable to permit licensure under the act or these rules.(c) There is no other apparent deficiency in the application that may require denial of the application.(d) The applicant has a letter of intent to provide goods or services to a sports betting operator or the applicant shows good cause for being granted a provisional license.(2) A provisional license issued under this rule expires on the date provided by the board.(3) If the sports betting suppliers provisional license expires, or is suspended or revoked, the executive director shall forward the applicants application for a sports betting supplier license to the board at the conclusion of the background investigation for action on the application.(4) The board may, at its discretion, waive any or all of the provisions listed in subrule (1) of this rule if the applicant is licensed by the board under the Michigan Gaming Control and Revenue Act, 1996 IL 1, MCL 432.201 to 432.226, or the lawful internet gaming act, 2019 PA 152, MCL 432.301 to 432.322.Mich. Admin. Code R. 432.725c
2020 MR 22, Eff. 12/2/2020