‘‘(A) the financial condition of the appli-
cant; 
‘‘(B) the business experience and record of 
the applicant, including the applicant’s compli-
ance with similar laws and requirements in for-
eign jurisdictions; 
‘‘(C) if the applicant is an individual, a 
background check to determine if the individual 
has any criminal record; and 
‘‘(D) if the applicant is a corporation, 
partnership, or other business entity, such 
background check shall occur with respect to 
the president or other chief executive of the cor-
poration, partnership, or other business entity 
and other partners or senior executives and di-
rectors of the corporation, partnership, or enti-
ty, as determined appropriate by the Director, 
in the Director’s sole discretion. 
‘‘(e) ASSESSMENTS
FOR
ADMINISTRATIVE
EX-
PENSES.— 
‘‘(1) IN GENERAL.— 
‘‘(A) IN
GENERAL.—The cost of admin-
istering this subchapter with respect to each li-
censee, including the cost of any review or ex-
amination of a licensee to ensure compliance 
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with the terms of the license and this sub-
chapter, shall be assessed by the Director 
against the licensee institution by written notice 
in an amount appropriate to meet the Direc-
tor’s expenses in carrying out such administra-
tion, review, or examination. 
‘‘(B) DISPOSITION.—Amounts assessed by 
the Director as user fees under subparagraph 
(A) shall— 
‘‘(i) be maintained by the Director for 
solely for use in accordance with clause 
(ii); 
‘‘(ii) be available to the Director to 
cover all expenses incurred by the Director 
in carrying out this subchapter; and 
‘‘(iii) not be construed to be Govern-
ment Funds or appropriated monies, or 
subject to apportionment for the purposes 
of chapter 15 or any other authority. 
‘‘(C) 
HEARING.—Any 
licensee 
against 
whom an assessment is assessed under this 
paragraph shall be afforded an agency hearing 
if such person submits a request for such hear-
ing within 20 days after the issuance of the no-
tice of assessment. 
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‘‘(D) COLLECTION.— 
‘‘(i) REFERRAL.—If any licensee fails 
to pay an assessment under this paragraph 
after the assessment has become final, the 
Director shall recover the amount assessed 
by action in the appropriate United States 
district court. 
‘‘(ii) APPROPRIATENESS
OF
ASSESS-
MENT NOT REVIEWABLE.—In any civil ac-
tion under clause (i), the validity and ap-
propriateness of the assessment shall not 
be subject to review. 
‘‘(2) DIRECT AND EXCLUSIVE OBLIGATION OF 
LICENSEE.—The user fee shall be the direct and ex-
clusive obligation of the licensee and may not be de-
ducted from amounts available as deposits to any 
person placing a bet. 
‘‘(f) APPROVAL
OF LICENSE.—The Director shall 
grant licenses under this subchapter if, in the Director’s 
sole discretion, the applicant meets the criteria set by the 
Director and is generally fit to engage in the business of 
Internet gambling. 
‘‘(g) SAFEGUARDS REQUIRED
OF LICENSEE.—No 
person shall receive or retain a license under this section 
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unless the person implements and maintains the following 
requirements with respect to any Internet bet or wager: 
‘‘(1) Appropriate safeguards to ensure that the 
individual placing a bet or wager is 18 years of age 
or older. 
‘‘(2) Appropriate safeguards to ensure that the 
individual placing a bet or wager is physically lo-
cated in a jurisdiction that permits Internet gam-
bling at the time the bet or wager is placed. 
‘‘(3) Appropriate mechanisms to ensure that all 
taxes relating to Internet gambling due to Federal 
and State governments and to Indian tribes from 
persons engaged in Internet gambling are collected 
at the time of any payment of any proceeds of Inter-
net gambling. 
‘‘(4) Appropriate mechanisms to ensure that all 
taxes relating to Internet gambling due to Federal 
and State governments and to Indian tribes from 
any licensee are collected as required by law. 
‘‘(5) Appropriate safeguards to combat fraud 
and money laundering as may be prescribed by regu-
lations issued by the Director or a designee of the 
Director. 
‘‘(6) Appropriate safeguards to combat compul-
sive Internet gambling. 
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‘‘(7) Appropriate safeguards to protect the pri-
vacy and security of any person engaged in Internet 
gambling. 
‘‘(8) Appropriate mechanisms to ensure that 
any assessment under subsection (e) is paid to the 
Director. 
‘‘(9) Such other requirements as the Director 
may establish by regulation or order. 
‘‘(h) LICENSES DENIED.— 
‘‘(1) IN GENERAL.—No license shall be granted 
to any individual who has been convicted under the 
laws of any foreign country, the United States, or 
any State for any criminal violation involving gam-
bling laws, financial markets, or financial laws, in-
cluding any money laundering, fraud, privacy, or in-
formation security law. 
‘‘(2) APPLICABILITY TO BUSINESS ENTITIES.— 
If an applicant for a license is a corporation, part-
nership, or other business entity, paragraph (1) shall 
apply with respect to each partner, officer, or direc-
tor of such corporation, partnership, or entity. 
‘‘(i) TERM AND RENEWAL OF LICENSE.— 
‘‘(1) TERM.—Any license issued under this sec-
tion shall be issued for a 1-year term beginning on 
the date of issuance. 
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