Sports wagering management services providers.

(a) An operator may enter into a management services contract that would permit an individual, group of individuals, or entity other than the operator to conduct sports wagering on the premises; provided, that the management services contract: (1) Is with an individual, group of individuals, or entity licensed under this subchapter to provide management services; (2) Is in writing; and (3) Has been approved by the Office. (b) The duties and responsibilities of a management services provider ("MSP") under a management services contract shall not be assigned, delegated, subcontracted, or transferred to a third party without the prior approval of the Office. To be considered for approval, a third party shall be licensed as an MSP in accordance with this subchapter . (c) (1) In considering whether to approve an MSP license application, the Office may consider evidence the MSP has submitted to the Office of an existing license as a management services provider from another jurisdiction that the Office has determined has licensing requirements similar to those required by the District. (2) An applicant for an MSP license shall pay a non-refundable $10,000 fee with the application and meet all requirements for licensure under this subchapter . (3) An MSP license shall be renewed annually; provided, that the licensee has continued to comply with all statutory and regulatory requirements and pays upon submission of a renewal application a $2,000 renewal fee. (d) An individual, group of individuals, or entity that shares in the revenue of a sports wagering business, including an affiliate operating under a revenue share agreement, shall be licensed under this section.