Source: https://legislature.maine.gov/statutes/8/title8sec1071.html
Timestamp: 2019-12-09 00:36:19
Document Index: 234872710

Matched Legal Cases: ['§8', '§8', '§8', '§8', '§8', '§8', '§8', '§8']

The board shall develop a request for proposals for the purpose of awarding one bidder the privilege to be licensed to conduct advance deposit wagering. The request for proposals must instruct potential bidders to propose the method by which they will conduct advance deposit wagering that provides the maximum benefit to the harness racing industry and the State in a manner that ensures wagering is conducted by residents of the State who are verified to be 18 years of age or older. A bidder seeking award of a license to conduct advance deposit wagering shall comply with the requirements determined by the board. The board shall require that a proposal include a nonrefundable application fee of $1,000 and an agreement to pay the costs of the board for processing an application and performing background investigations, as described in this subchapter. The board shall ensure that the request for proposals clearly identifies the deadline for submission and all bid requirements. The board shall follow, as nearly as practicable, the provisions governing competitive bidding prescribed by Title 5, chapter 155, subchapter 1-A and rules adopted pursuant to that subchapter. [PL 2015, c. 499, §8 (NEW).]
A. The financial suitability of the bidder to operate advance deposit wagering, including purchase of a bond to secure the accounts of advance deposit wagering bettors; [PL 2015, c. 499, §8 (NEW).]
B. The extent to which the bidder's proposal to conduct advance deposit wagering will benefit the harness racing industry in the State and the General Fund; [PL 2015, c. 499, §8 (NEW).]
C. The percentage of wagers the bidder proposes to pay to the board to cover the costs of the board for administration and oversight of advance deposit wagering and to make distributions required under section 1072; [PL 2015, c. 499, §8 (NEW).]
D. The adequacy of systems the bidder will use to conduct advance deposit wagering to ensure that bettors who establish accounts to place bets on horse racing via advance deposit wagering are 18 years of age or older and residents of the State; [PL 2015, c. 499, §8 (NEW).]
E. The likelihood that the bidder will meet the requirements for licensure to conduct advance deposit wagering as prescribed by the rules of the board; [PL 2015, c. 499, §8 (NEW).]
F. The methods by which the bidder will provide access to systems and records to facilitate adequate monitoring and enforcement by the board; and [PL 2015, c. 499, §8 (NEW).]
G. Factors other than those in paragraphs A to F disclosed in the board's request for proposals that the board determines to be relevant. [PL 2015, c. 499, §8 (NEW).]