§ 44-30-524 — Suspension or revocation of license - grounds - penalties

Colorado § 44-30-524

• Jurisdiction: Colorado
• Title 44: Revenue -
• Art.: Colorado Limited Gaming Act

Text

(1) (a)
The commission may revoke a license granted pursuant to this article 30 for any
cause that would have prevented issuance of the license, including the causes set
forth in sections 44-30-509 and 44-30-801.

(b) The commission may suspend or revoke a license granted pursuant to
this article 30 for a violation by the licensee or an officer, director, agent, member,
or employee of the licensee, after notice to the licensee, the opportunity for a
hearing, and upon proof by a preponderance of the evidence as determined by the
commission. Violations that may warrant license suspension or revocation include
violations of this article 30, any rule promulgated by the commission, any provision
of article 33 of this title 44, or any rule promulgated by the executive director
pursuant to section 44-33-108 (3), or conviction of a crime. In addition to revocation
or suspension, or in lieu of revocation or suspension, the commission may impose a
reprimand or a monetary penalty not to exceed the following amounts:

(I) If the licensee is a slot machine manufacturer or distributor, the amount of
one hundred thousand dollars;

(II) If the licensee is an associated equipment supplier, the amount of
twenty-five thousand dollars;

(III) If the licensee is an operator, the amount of twenty-five thousand
dollars;

(IV) If the licensee is a retailer, the amount of twenty-five thousand dollars;

(V) If the licensee is a key employee, the amount of five thousand dollars;

(VI) If the licensee holds a support license, the sum of two thousand five
hundred dollars.

(2) Any monetary penalty received by the commission pursuant to this
section shall be deposited in the limited gaming fund established in section 44-30-701.

(3) The civil penalties set forth in this section shall not be a bar to any
criminal prosecution or to any civil or administrative prosecution.

Legislative History

Source: L. 2018: Entire article added with relocations, (SB 18-034), ch. 14, p. 193, � 2, effective October 1.