Section 5.03. Time for filing and approval of applications for license.

 

(1)  Any person or entity wishing to own and operate a race track at which pari-mutuel wagering is conducted under s. 562.05 (1) (a) , Stats., which person or entity has not previously been licensed, shall file an application as set forth in s. Game 5.04 with the division. The division may, in its discretion, determine that no applications for license pursuant to s. 562.05 (1) (a) , Stats., will be accepted for any given period.

(2)  Any person or entity wishing to sponsor or manage any race on which pari-mutuel wagering is conducted and which is not located at a fair under s. 562.05 (1) (b) , Stats., which person or entity has not previously been licensed, shall file an application as set forth in s. Game 5.04 with the division. The division may, in its discretion, determine that no applications for license pursuant to s. 562.05 (1) (b) , Stats., will be accepted for any given period.

(3)  Promptly after an application has been filed, the administrator shall deliver the application to the division for review. After review and investigation of each application by the division and after each applicant has had the opportunity to make an oral presentation as provided in s. Game 5.14 , the division shall, within 150 days of filing, make a final determination and ruling on each application.

History: Cr. Register, May, 1990, No. 413 , eff. 6-1-90; corrections made under s. 13.93 (2m) (b) 7., Stats., Register, March, 1995, No. 471 ; CR 03-070 : am. (1) and (2) Register November 2003 No. 575 , eff. 12-1-03 .