Under section 299L.07, the commissioner of public safety may not issue or renew a license under chapter 299L, and shall revoke a license under chapter 299L, if the applicant or licensee, or a director, officer, partner, governor, person in a supervisory or management position of the applicant or licensee, an employee eligible to make sales on behalf of the applicant or licensee, or a direct or indirect holder of more than a five percent financial interest in the applicant or licensee has been convicted of:

1. (1) a felony;
2. (2) a crime involving gambling;
3. (3) assault;
4. (4) a criminal violation involving the use of a firearm; or
5. (5) making terroristic threats.