Term of Sports Wagering Vendor License or Registration; Renewal

(1) Term. Sports Wagering Vendor licenses and registrations and Sports Wagering vendor qualifications shall be for an initial term of five years. The initial term of a Sports Wagering Vendor License or registration shall expire and be renewable on the last day of the month on the fifth anniversary of the issuance date. (2) Renewal. (a) At a minimum of 150 days prior to expiration, each Sports Wagering Vendor shall submit a new and updated application or registration in accordance with 205 CMR 234.00. (b) If a vendor or qualifier has made timely and sufficient application for a renewal, the Applicant’s existing license or registration shall not expire and the Applicant shall remain in good standing until the Bureau has issued a decision on the application or registration. If a renewal application or registration is received after the renewal date and the license or registration expires before the Commission issues a new license or registration, the Person shall not conduct business with an Operator until a new license or registration is issued. (c) It shall be the responsibility of the vendor to ensure that their license or registration is current.