Notification of New Financial Sources
Effective Mar 13, 2026Mass. Register #1569MGL c. 23K, §§ 4(37), 5, 12, 14, and 16Massachusetts Gaming Commission
- (1) Each Category 1 and Category 2 applicant or licensee shall immediately notify the commission, in writing, as soon as it becomes aware that it intends to enter into a transaction bearing any relation to its gaming establishment project that may result in new persons involved in the financing of the gaming establishment.
- (2) Upon receipt of a notice under 205 CMR 116.05(1), the commission shall refer the matter to the bureau for appropriate handling, including, but not limited to, a notice to the new financial source requiring the filing of an appropriate application and the subsequent investigation of that application.