R 432.721g
R 432.721g Application for transfer of ownership.
Cite as Mich. Admin. Code R 432.721g
Rule 721g. (1) A person desiring to acquire an ownership interest in a person
applying for or holding a sports betting operator license or sports betting supplier license
must complete and submit application and disclosure forms, in the manner and form
prescribed by the board.
(2) A person desiring to acquire an interest in a person applying for or holding a
sports betting operator license or sports betting supplier license must present evidence
that the person desiring to acquire the interest is eligible and suitable under the standards
and criteria for licensure set forth in the act and these rules.
(3) A person applying for or holding a sports betting operator license or sports betting
supplier license that is attempting to transfer an ownership interest must submit any
information or documentation considered necessary by the board to ensure compliance
with the act and these rules.