24 NCAC 06A .0202         Opportunity to Participate in Wagering Industry as Revocable Privilege

(a)  Participation in any aspect of Wagering operations covered by these Rules by a Responsible Party shall be deemed a revocable privilege and shall be conditioned on the proper and continued qualification of the Responsible Party, and on the discharge of the affirmative responsibilities of each Responsible Party to provide to the Commission, Director, and other regulatory and investigatory authorities under any other provision of law any assistance and information necessary to assure that the policies underlying the Act and these Rules are achieved.

(b)  An Applicant is seeking a privilege to participate in Wagering operations covered by these Rules in North Carolina; consequently, it assumes and accepts all risks of adverse publicity, notoriety, embarrassment, criticism, or other action or financial loss that may occur in connection with the application process or the public disclosure of information. By submitting an application under these Rules, the Applicant expressly waives any claim for damages or injunctive relief that may result from the application process.

History Note:        Authority G.S. 18C-114(a)(14);

Previously adopted as Rule 1B-002;

Eff. January 8, 2024;

Readopted Eff. March 27, 2024.