(b) (1) The Board may issue the license for an establishment that is equipped with:

(i) at least 150 bedrooms for the accommodation of the public;

(ii) at least one dining area with facilities for preparing and serving regular meals;

(iii) rooms for meetings, displays, banquets, balls, dancing, and live entertainment; and

(iv) a nightclub equipped with a bar and an entertainment or a dancing area.

(2) The total average daily receipts from the renting of meeting rooms and bedrooms and the sale of food in the establishment shall exceed the average daily receipts from the sale of alcoholic beverages.

(c) The license authorizes the sale of beer, wine, and liquor for consumption throughout the licensed premises, both indoors and outdoors, including meeting and banquet rooms, patios, verandas, and green spaces.

(d) The license holder may sell beer, wine, and liquor:

(1) on Monday through Saturday, from 6 a.m. to 2 a.m. the following day; and

(2) on Sunday, from 11 a.m. to 2 a.m. the following day.

(e) The annual license fee is $2,000.