Title 58.1. Taxation
Chapter 42. Fantasy Contests
§ 58.1-4205. Suspension or revocation of a permit.
A. If the Department determines that a fantasy contest operator has violated any of the provisions of this chapter, the Department may, with at least 15 days' notice and a hearing, (i) suspend or revoke the operator's permit or (ii) impose on such operator a monetary penalty of not more than $1,000 per day for each violation of this chapter, not to exceed $50,000, in any case where a violation of this chapter has been shown by a preponderance of the evidence. The Department may revoke a permit if it finds that facts not known by it at the time it considered the permit application indicate that such permit should not have been issued.
B. The Department may summarily suspend any permit for a period of not more than seven days pending a hearing and final determination by the Department if the Department determines that a violation of this chapter has occurred and emergency action is required to protect the public health, safety, and welfare. The Department shall (i) schedule a hearing within seven business days after the permit is summarily suspended and (ii) notify the operator not less than five business days before the hearing of the date, time, and place of the hearing.
C. If any such permit is suspended or revoked, the Department shall state its reasons for doing so, which shall be entered of record. Such action shall be final unless appealed in accordance with § 58.1-4206. Suspension or revocation of a permit issued by the Department for any violation shall not preclude civil liability for such violation.