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Maryland Code, Business Regulation § 11-831

Current as of January 01, 2025 | Updated by Findlaw Staff

The Commission shall include in its annual report to the Legislative Policy Committee of the Maryland General Assembly:

(1) the effect of satellite simulcast betting on the racing industry in the State;

(2) an appraisal of each permit holder, taking into consideration the results of inspections required under this section and any financial information that is submitted to the Commission;

(3) if any additional permit has been granted under this section:

(i) the reasons for granting the permit; and

(ii) the anticipated impact of the new facility on existing permit holders and racing licensees; and

(4) if an application for a permit or permit renewal has been denied:

(i) the reasons for denying the permit or renewal; and

(ii) the impact on racing licensees if the Commission denied a permit renewal application.

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Cite this article: FindLaw.com - Maryland Code, Business Regulation § 11-831 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-11-831/

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