Any approval issued under this chapter shall terminate if the entity approved to offer simulcast wagering is no longer licensed under s. 562.05(1) (b), Stats. If the holder of the license issued under s. 562.05(1) (b), Stats., is also the holder of the license issued under s. 562.05(1) (a), Stats., and the s. 562.05(1) (a), Stats., license is revoked or suspended by the division, all prior simulcast approvals shall be terminated on the effective date of the revocation or suspension.
Wis. Admin. Code Department of Administration [Gaming] Game 24.19