Maryland § 11-308

§ 11-308.

    (a)    Subject to the hearing provisions of §§ 11-309 and 11-310 of this subtitle, the Commission may deny a license to an applicant or discipline a licensee in accordance with this section.

    (b)    The Commission may deny a license to any applicant for any reason that the Commission considers sufficient.

    (c)    (1)    The Commission may reprimand any licensee or suspend or revoke a license if the licensee violates:

            (i)    this title;

            (ii)    a regulation adopted under this title; or

            (iii)    a condition set by the Commission.

        (2)    The Commission shall suspend or revoke a license if the applicant or licensee fails to:

            (i)    keep records and make reports of ownership of stock that are required under § 11-314 of this subtitle; or

            (ii)    make a reasonable effort to get affidavits required under § 11-314(b) and (c) of this subtitle.

    (d)    (1)    The Commission may impose a penalty not exceeding $5,000 for each racing day that the licensee is in violation of subsection (c) of this section:

            (i)    instead of suspending or revoking a license under subsection (c)(1) of this section; and

            (ii)    in addition to suspending or revoking a license under subsection (c)(2) of this section.

        (2)    To determine the amount of the penalty imposed under paragraph (1) of this subsection, the Commission shall consider:

            (i)    the seriousness of the violation;

            (ii)    the harm caused by the violation; and

            (iii)    the good faith or lack of good faith of the licensee.

        (3)    A penalty imposed on a licensee shall be paid from the licensee’s share of the takeout.