Code of Massachusetts Regulations › 205 CMR - MASSACHUSETTS GAMING COMMISSION › Title 205 CMR 239.00 - Continuing Disclosure and Reporting Obligations of Sports Wagering Licensees › Section 239.03 - Reports and Information to be Filed with the Commission

Current through Register 1525, July 5, 2024
(1) The following reports and information
			 shall be filed with the Commission, or its designee, in the manner and time
			 provided:
(a) A detailed annual, and at other
			 times as directed by the Commission, statistical report on the number, job
			 titles, benefits, race, gender, veteran status, and salaries of employees hired
			 and retained in employment in the Commonwealth by the Operator;
(b) A detailed annual, and at other times as
			 directed by the Commission, statistical report on the total dollar amounts
			 contracted with and actually paid to minority business enterprises, women
			 business enterprises and veteran business enterprises by the Operator. The
			 annual statistical report shall also identify the amounts so contracted as a
			 percentage of the total dollar amounts contracted with and actually paid to all
			 firms;
(c) On an annual basis, and
			 at other times as directed by the Commission, a report explicitly stating the
			 Operator's progress on meeting each of the stated goals and stipulations put
			 forth in its application for a Sports Wagering Operator License;
(d) Any reports prescribed by the Commission
			 relative to Occupational Licenses;
(e) Quarterly reports in accordance with
			 205
			 CMR 239.05;
(f) Documents and other materials required to
			 be submitted in accordance with the terms of the Sports Wagering Operator
			 License;
(g) An Operator's House
			 Rules, system of internal controls, amendments thereto, and any documents or
			 information required to be submitted in accordance with the approved system of
			 internal controls;
(h) Any declared
			 event of default related to any debt obligation maintained by the Operator,
			 affiliate, holding company or intermediary company thereof shall be immediately
			 reported to the Commission, in writing, along with any plans to address or cure
			 such default;
(i) A bi-monthly
			 (twice per month) disbursement report relative to vendors licensed or
			 registered in accordance with
			 205 CMR
			 234.00:
Continuing Disclosure and Reporting
			 Obligations of Sports Wagering Licensees
, which shall contain the same
			 information as is required in a disbursement report filed pursuant to
			 205
			 CMR 138.06(2);
(j) An annual problem gaming plan in
			 accordance with M.G.L. c. 23N, § 4(2)(vii);
(k) Daily, monthly, and annual Adjusted Gross
			 Sports Wagering Receipts and Adjusted Gross Fantasy Sports Receipts remittance
			 and reconciliation reports as required in accordance with
			 205 CMR
			 240.00:
Adjusted Sports Wagering Receipts and
			 Adjusted Gross Fantasy Sports Receipts Tax Remittance and
			 Reporting
;
(l) An underage
			 person report containing the information required in accordance with
			 205
			 CMR 250.04; and
(m) A quarterly report, covering all
			 complimentary services offered or engaged in by the Operator during the
			 immediately preceding quarter. The reports shall identify regulated
			 complimentary services or items including, but not limited to, food and
			 beverage, hotel and travel accommodations, and promotional Sports Wagering
			 credits. The reports shall be aggregated by, at a minimum, the costs of the
			 complimentary services or items, and the number of people who received each
			 service or item for the quarter. The report shall also document any services or
			 items valued in excess of $2,000 that were provided to patrons, including
			 detailed reasons as to why they were provided. Valuation shall be performed in
			 accordance with M.G.L. c. 23K, § 28(c).