Section 165.18. Issuance of license

Upon receipt of an application satisfactory in form and substance to the Commission and upon its determination that a proper case for issuance of a license has been proven, the Commission shall grant its license for a term of days during the current year during which the applicant may conduct thoroughbred horse racing with pari-mutuel wagering. Such license shall specify the place where and the hours of the day or night during which racing and pari-mutuel wagering shall be held. The term of the license shall end not later than the 15th day of November next succeeding the granting thereof. In considering an application for a license, the Commission may, among other things, give consideration to the number of licenses already granted; the character, experience, and general fitness of the officers, directors, members, stockholders, or persons having a beneficial ownership in applicant; the corporation, if any, owning stock in or which shares in the profits or participates in the management of the affairs of the applicant, or which leases to such applicant the plant where it shall operate; the financial responsibility of the applicant; plant facilities; location of plant; equipment to be used in the plant; the personnel to be employed by applicant; policy plants; the public interest, convenience, or necessity and the best interests of racing generally. The Commission will furthermore give consideration to all of the answers made by the applicant to questions contained in the application, and to all other matters presented by the applicant to the Commission, and appearing in its records.