Timetable For Financing And Construction

Timetable For Financing And Construction. (a) License applicants shall submit, simultaneously with submission of their completed application, a timetable for financing arrangements (including applications for approval of public offerings or private placements), and commencement and completion of construction activities and setting forth the date upon which gaming activities will commence. This timetable will be subject to approval by the Commission, and monitored for compliance by the Executive Director. (b) The Commission may grant extensions of time upon the recommendation of the Executive Director. (c) License applicants shall not advertise or promote the opening of their proposed casino nor the commencement of employee training for that proposed casino until the applicant is granted a license by the Mississippi Gaming Commission. After the granting of a license, the licensee may advertise or promote the opening of their casino and/or the commencement of employee training for that casino. Applicants may request a waiver of this regulation from the Executive Director stating compelling reasons for an exception to this regulation. The granting of any waiver by the Executive Director shall be subject to revocation. (Adopted: 09/25/1991.)