1.__Operator license required.__A person may not operate any slot machine in the State unless the person has been issued a license to operate slot machines by the board.__A slot machine operator license authorizes a licensee to own or lease slot machines operated at a licensed gambling facility.

2. Eligible persons.__The board may accept applications for a license to operate slot machines from any person who is licensed to operate a commercial track that satisfies the following criteria:

A.__The commercial track is located at or within a 5-mile radius of the center of a commercial track that conducted harness racing with pari-mutuel wagering on more than 25 days during calendar year 2002; and

B.__The operation of slot machines at the commercial track is approved by the voters of the municipality in which the commercial track to be licensed is located by referendum election held at any time after December 31, 2002 and before December 31, 2003.

3.__Requirements for license; continued commercial track licensure.__The board may not issue a license to operate slot machines to any person unless that person demonstrates compliance with the qualifications set forth in sections 1016 and 1019.__A person who is granted a license to operate slot machines must maintain a license to operate a commercial track, without lapse, suspension or revocation for the duration of the slot machine operator's license.

4.__Requirement for license; agreement with municipality where slot machines are located.__A slot machine operator shall enter into an agreement with the municipality where the slot machine operator's slot machines are located that provides for revenue sharing or other compensation, including, but not limited to, a provision requiring the preparation, in conjunction with the municipality, of a security plan for the premises on which the slot machines are located.__The revenue-sharing agreement must provide for a minimum payment to the municipality of 3% of the total gross slot machine income derived from the machines located in the municipality.