W. Va. Code R. § 179-4-22

Current through Register Vol. XLI, No. 36, September 6, 2024

Section 179-4-22 - Fees, Fines, Charges, Assessments

22.1. All fees, fines, charges, and assessments provided for under this rule shall be submitted in a timely manner to the Commission in the form of a certified check, cashier's check, or money order made payable to: "West Virginia Lottery," or in the form of an electronic wire transfer, or by another method of payment that is acceptable to the Commission.

22.2. The license application fee shall be used by the Commission to conduct an appropriate background investigation of the applicant as prescribed by the Commission, the Act, and this rule. The Commission shall not refund any portion of a remitted license application fee. An applicant, or the limited gaming facility licensee on the applicant's behalf, shall submit the following nonrefundable license application fees to the Commission, together with the required application form or forms, for the corresponding license classification to which the fees relate:

22.2.a. The limited gaming facility license: $65,000.00;

22.2.b. Supplier licenses: $100.00;

22.2.c. Occupational licenses: $100.00; and

22.2.d. Management services license: $100.00

22.3. The following license renewal fees shall be submitted to the Commission by the licensee for each subsequent renewal of the license under the Act and this rule:

22.3.a. Limited gaming facility license:

22.3.a.1. For the second year that it is licensed the licensee shall pay $250,000;

22.3.a.2. For the third year that it is licensed the licensee shall pay $500,000; and

22.3.a.3. For every year after the third year that it is licensed the licensee shall pay an amount calculated by determining the annual average gross receipts of the West Virginia pari-mutuel racetracks with table game licenses for the last full fiscal year of adjusted gross receipts available, and dividing that number into the licensed gaming facility operator's adjusted gross receipts for the same full fiscal year of adjusted gross receipts to obtain a percentage, and by multiplying the resulting percentage by $2,500,000.00. In the event that the calculation results in an amount less than $500,000, then the limited gaming facility licensee must pay $500,000. In the event that the calculation results in an amount greater than $2,500,000.00, then the limited gaming facility licensee must pay $2,500,000.00;

22.3.b. Supplier license: $100.00;

22.3.c. Occupational license: $100.00; and

22.3.d. Management services license: $100.00.

22.4. A supplier license and a management services license each expires at the end of the twelfth month following its initial effective date. For example, if one of the licenses were issued on the fifteenth day of May in one year, it must be renewed before the first day of June in the following year.

W. Va. Code R. § 179-4-22