(1) An applicant for a betting provider licence shall submit, together with the prescribed application form, in the case of betting at a racecourse—
(a) a service agreement with a racecourse operator in Saint Lucia operating a racecourse of a minimum inner circumference of 1,600m; and
(b) the Rules of Betting.
(2) A betting provider shall not conduct betting at a racecourse or other location unless the Board has approved the—
(a) Rules of Betting;
(b) types of betting;
(c) betting machine that materially affects the outcome of a bet to be provided; and
(d) betting locations.
(3) The Board may approve, amend or reject the—
(c) betting machine to be provided; and
(4) A betting provider may amend the Rules of Betting with the approval of the Board.
(Inserted by Act 18 of 2018 and substituted by Act 24 of 2019)