Ohio Administrative Code › Title 3772 - Casino Control Commission › Chapter 3772-74 - Fantasy Contests › Section 3772-74-06 - General fantasy contest licensing requirements

Current through all regulations passed and filed through July 1, 2024
(A)
								Applicants for a
			 license under fantasy contest law are seeking a privilege.
(B)
								An applicant must
			 submit the completed application in the manner prescribed by the executive
			 director.
(C)
								The executive director may request additional
			 information not prescribed in the application. The applicant shall provide all
			 information, documents, materials, and certifications at the applicant's sole
			 expense and cost.
(D)
								An incomplete application, or an application containing
			 false, misleading, or omitted information, is cause for administrative
			 action.
(E)
								A licensing investigation or adjudication may be
			 reopened at any time.
(F)
								The executive director may recommend to the commission
			 that it deny any application, or limit, condition, restrict, suspend, or revoke
			 any license or impose any fine or other penalty upon any licensee or other
			 person in accordance with fantasy contest law.
(G)
								No person may
			 re-apply for a license under fantasy contest law for three years from the date
			 the person's application for licensure was denied or license was
			 revoked.
(H)
								No license issued under this chapter is transferable. A
			 majority change in or transfer of control of a licensee, as determined by the
			 commission, at a meeting held under section
			 3772.02 of the Revised Code,
			 shall require the filing of a new application and submission of the applicable
			 fees under this chapter before a new license is eligible for consideration or
			 approval. A name change to a licensee, in and of itself, does not constitute a
			 transfer of a license nor require a licensee to seek a new
			 license.
(I)
								A renewal application must be filed in the manner
			 prescribed by the executive director no less than ninety days before the
			 expiration of the license.
(J)
								In determining
			 whether a person is eligible to obtain or maintain the privilege of a license
			 under fantasy contest law, the following may be considered:
(1)
									The reputation,
			 experience, and financial integrity of the applicant or
			 licensee;
(2)
									Whether the applicant or licensee possesses good
			 character, honesty, and integrity;
(3)
									If the applicant
			 or licensee has filed, or had filed against it, a proceeding for bankruptcy or
			 has ever been involved in any formal process to adjust, defer, suspend, or
			 otherwise resolve the payment of any debt;
(4)
									If the applicant
			 or licensee is or has been a defendant in litigation involving the applicant's
			 or licensee's business practices;
(5)
									If the applicant
			 or licensee has been indicted, convicted, or pleaded guilty or no contest
			 concerning any criminal offense under the laws of any jurisdiction, excluding
			 minor traffic offenses;
(6)
									If the applicant or licensee has been served with a
			 complaint or other notice filed with any public body regarding a payment of any
			 tax required under federal, state, or local law that has been delinquent for
			 one or more years;
(7)
									The extent to which the applicant or licensee has
			 cooperated with the commission;
(8)
									Whether the
			 applicant or licensee has provided accurate and complete information or has
			 submitted false or misleading information;
(9)
									The compliance
			 history of the applicant or licensee with fantasy contest-related requirements
			 in this state or any other jurisdiction;
(10)
									The applicant's
			 or licensee's submission and maintenance of internal procedures required by and
			 compliant with fantasy contest law, if applicable;
(11)
									If the applicant
			 or licensee has shown a disregard of or otherwise failed to comply with the
			 laws and regulations of this state or any other jurisdiction;
(12)
									If awarding or
			 maintaining a license would undermine the public's confidence in fantasy
			 contests in this state; and
(13)
									The suitability
			 of any other material person, as determined by the executive director,
			 including but not limited to, any management company, holding company, or any
			 person designated as a key employee as part of the fantasy contest operator's
			 application.