(a) At the discretion of the commission, a lottery sales agent's license may be suspended or revoked or have such license renewal rejected for any of the reasons set forth in section 1607 of the Tax Law or for any of the following reasons, or any combination thereof:

1. (1) failure to file any returns or reports or to keep records or to pay any fee or tax as may be required by this Part;
2. (2) a material change since issuance of the license with respect to any matter required to be considered by the commission as provided in this Part;
3. (3) failure to sell a sufficient number of lottery tickets required by the licensing agreement between the lottery sales agent and the commission, when the commission has notified the lottery sales agent of such insufficiency in writing and the lottery sales agent fails to make satisfactory improvements, in the discretion of the commission, within the time set forth in the notice of insufficiency;
4. (4) violation of any of the provisions of the acts, rules and regulations of the commission, the licensing agreement between the lottery sales agent and the commission or any of the conditions of licensing set forth in section 5000.10 of this Title, or failure to follow procedures, policies or instructions of the commission;
5. (5) failure of the lottery sales agent to display commission point-of-sale material in a manner readily available to the public;
6. (6) finding by the commission that the lottery sales agent's experience, character and general fitness are such that the lottery sales agent’s participation as a lottery sales agent is inconsistent with public interest or convenience or for any other reason within the discretion of the commission;
7. (7) failure to notify the commission, in writing, within a reasonable time of any arrest, indictment, or service of a summons, or conviction for any felony whether within or without the State of New York, or within or without the United States, occurring during the term of the license or the renewal thereof; or
8. (8) failure to cooperate with an investigation of the commission, attempt to frustrate or obstruct such an investigation or provision of false or misleading information to the commission during the course of such an investigation.