(a) In addition to the specific powers granted and duties imposed by this subtitle, the Commission has the powers and duties set forth in this section.

(b) (1) The Commission shall conduct studies of the State lottery and gaming program to:

(i) identify any defect in this subtitle, Subtitle 1A of this title, or the regulations of the Agency that may allow abuses in the operation and administration of the State lottery and gaming program or any evasion of this subtitle, Subtitle 1A of this title, or the regulations;

(ii) guard against the use of this subtitle, Subtitle 1A of this title, and the regulations of the Agency as a means of conducting organized crime;

(iii) ensure that the regulations of the Agency are proper and that this subtitle, Subtitle 1A of this title, and the regulations are administered to serve the purpose of this subtitle; and

(iv) analyze the gaming industry within and outside the State to determine whether Maryland’s gaming program is competitive and maximizing revenues for the State.

(2) The Commission shall conduct studies of:

(i) the operation and administration of similar laws in other states or countries;

(ii) federal laws that may affect the operation of the State lottery or gaming activities;

(iii) literature on lotteries and gaming activities, including problem gambling programs; and

(iv) the reaction of citizens of the State to existing and potential features of the State lottery and gaming program.

(c) (1) The Commission shall submit to the Governor and, subject to § 2-1257 of this article, to the General Assembly the reports required under this subsection.

(2) The Commission shall submit monthly a report that states the total State lottery and gaming revenues and the total prize disbursements and other expenses for the preceding month.

(3) The Commission shall submit annually a report that states the total State lottery and gaming revenues and the total prize disbursements and other expenses for the preceding year.

(4) The Commission shall submit a report whenever a matter requires an immediate change in a State law to:

(i) prevent an abuse or evasion of this subtitle, Subtitle 1A of this title, or a regulation of the Agency; or

(ii) rectify an undesirable condition in the operation or administration of the State lottery and gaming program.