(a) As set forth in section 9351(a.1) of the act (relating to general license requirements), racing vendors and totalisator companies, irrespective of their physical location and operation, seeking to provide racing related services to licensed racing entities within this Commonwealth, must be properly licensed by the Commission in accordance with this chapter.

1. (1) An incomplete application shall not be reviewed or considered for licensure.
2. (2) A racing vendor or totalisator system may not begin operations until approved by the Commission or its designee.

(b) In accordance with section 9351(b)(1) of the act, a racing vendor or totalisator license shall be renewed annually.

1. (1) Racing vendor or totalisator licenses shall not be renewed automatically. The appropriate renewal application shall be submitted on or before 120 days before the expiration of the license term.
2. (2) If the renewal application is approved by the Commission, the license renewal shall take effect January 1 thereafter.