Section Game 5.18 - Acceptance and payment of license feeWhen the division approves an application for license under s. 562.05(1) (a) or (b), Stats., or renewal of a license and notifies the applicant of its approval, setting forth the effective date of the license, the dates by which each type of racing shall commence and, if applicable, the number and dates of race performances authorized, the applicant shall, within 10 days after the receipt of the division's notice of approval, file a written acceptance with the division and make payment of the required license fee. The fee shall be payable to the division by certified check or bank draft in the amount required as follows:
(1) A non-refundable fee of $300,000 for an initial 5 year license issued for any location under s. 562.05(1) (a), Stats., as provided in s. 562.05(3wr), Stats., payable $100,000 upon the filing of written acceptance of the license and $50,000 on or before January 10 of each of the 4 calendar years thereafter commencing on January 10 of the calendar year immediately following the year in which the license under s. 562.05(1) (a), Stats., is first issued.(2) An annual non-refundable fee of $50,000 for a license issued for any location under s. 562.05(1) (a), Stats., as provided in s. 562.05(3wr), Stats., payable upon the filing of written acceptance of the license for each race year following the initial 5 year license period.(3) An annual non-refundable fee equal to $125 times the number of race performances authorized in a license issued under s. 562.05(1) (b), Stats., payable upon the filing of written acceptance of the license.(4) Failure to comply with the 10 day period for license acceptance and submission of appropriate license fees or to otherwise make payment of license fees when due, shall cause the application for license to be considered withdrawn and of no effect or the license to be suspended or revoked.Wis. Admin. Code Department of Administration [Gaming] Game 5.18
Cr. Register, May, 1990, No. 413, eff. 6-1-90.