We will consider issuing registrations with terms for low risk applications. The concept of issuing a registration “with terms” may have similar elements to other jurisdictions’ use of conditional registrations. The terms can allow an entity to begin operating, subject to specific commitments or restrictions, while any additional information may be assessed.
In our initial review of each application as it is received, we continue to assess the competency, honesty, and integrity of applicants, and will put particular emphasis on:
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The entity’s registration status in other jurisdictions.
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The entity’s compliance history.
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The entity’s gap analysis with respect to the Registrar’s Standards for Internet Gaming.
We will use this initial review, in addition to some initial due diligence activities including open-source information and background checks, to determine in a timely way whether registration with terms for February 28 may be appropriate. Applicants should note that a fulsome and complete gap analysis will be a particularly important part of this initial review process. As part of this review, we may identify deficiencies in the application that applicants might be able to address in a timely manner so that they can be registered with terms in time for launch.