205 CMR 222.06 - Grounds for Discipline
(1) Pursuant to
M.G.L. c. 23N, ยง 3, a Category 2 Sports Wagering Licensee who fails to
make a capital investment in its project of at least $7,500,000, and in
accordance with an approved project plan, within three years after receiving a
Sports Wagering License shall be subject to discipline in accordance with
205 CMR
232.00, unless the Licensee shows that its failure
resulted from extraordinary circumstances. Disciplinary action in accordance
with 205 CMR 222.06(1)
shall be presumed to include the suspension
or revocation of the License, but the Commission may impose other or lesser
discipline as it deems appropriate.
(2) The Commission or Bureau may discipline a
Category 2 Sports Wagering Licensee in accordance with
205 CMR
232.00 for other violations of or failing with respect
to this
205
CMR 222.05.
Notes
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