(a) No sports wagering retailer shall provide services to the Connecticut Lottery Corporation under section 12-854 without a license from the department. A sports wagering retailer shall apply for a license on a form and in a manner prescribed by the commissioner. Such license shall be renewed annually. The initial application fee for a sports wagering retailer license shall be twenty thousand dollars and the annual renewal fee shall be twenty thousand dollars.

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Terms Used In Connecticut General Statutes 12-856

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

(b) The Connecticut Lottery Corporation, if licensed to operate retail sports wagering under section 12-853, shall not be required to obtain a sports wagering retailer license.