R 432.1312 Casino license renewal.

Rule 312. (1) A casino license may be issued for a 1-year period and may be renewed annually. (2) A casino licensee intending to renew its license must, at least 30 days before expiration of its license, submit the $25,000.00 annual license renewal fee and annual report in the manner and form required by the board. (3) After the background investigation is completed, the executive director must provide the board with a written report concerning the investigation. After receiving the executive director’s report, the board shall take action on the renewal application. (4) If the board denies the application for renewal, it will direct the executive director to issue the licensee a notice of nonrenewal. (5) A casino licensee who is served with a notice of nonrenewal under this rule may request a hearing under part 7 of these rules. (6) Unless specifically stated to the contrary, the notice of nonrenewal does not constitute a finding by the board that the casino licensee is ineligible, unqualified, or unsuitable for licensure or otherwise in violation of the licensing requirements of the act or these rules, unless the licensee fails to request a hearing under these rules in a timely manner. (7) If the licensee does not request a hearing in a timely manner, the notice of nonrenewal becomes the final order of the board. (8) If the licensee files an annual renewal report and pays the annual license renewal fee in a timely manner and in the manner and form prescribed by the board, then the licensee's previous existing casino license does not expire until the board issues its final decision and order on the request for renewal.