§ 1327. Duration and renewal of vendor registration. 1. A casino
vendor registration shall be effective upon issuance, and shall remain
valid for five years unless revoked, suspended, voided by law, limited,
or otherwise restricted by the commission. Such registrations may be
renewed by the holder thereof upon application, on a form prescribed by
the commission, and payment of the applicable fee. Notwithstanding the
foregoing, if a vendor registrant has not conducted business with a
gaming facility for a period of three years, the registration of that
vendor registrant shall lapse.

2. The commission shall establish by regulation reasonable and
appropriate fees to be imposed on each vendor registrant who provides
goods or services to a gaming facility, regardless of the nature of any
contractual relationship between the vendor registrant and gaming
facility, if any. Such fees shall be paid to the commission.