(A) Issuance of license. If after a review of an application and consideration of any other factors deemed relevant to the issuance of a license, the director determines that an applicant has met the requirements for issuance of a license, the director may issue the applicant a license on such terms and conditions deemed appropriate, including issuance of a temporary license.
(B) License term. Except for a temporary license, a license issued by the director shall be effective for a term of three years. Both a temporary license and an employee license are subject to suspension, modification, revocation or fine as required by the Lottery Act, rule, regulation, policy order or directive of the commission or director.
(C) License compliance. Upon issuance of a license, whether temporary or otherwise, a licensee shall be obligated to comply with all applicable provisions of the Lottery Act, rules, regulations, policies and directives of the commission or director and all the terms and conditions of the license agreement as set forth in the application, or any amendments or modifications thereto. Failure to comply with any and all obligations required may subject the license, whether temporary or otherwise, to suspension or revocation as set forth in rule 3770:2-4-06 of the Administrative Code, or to imposition of monetary penalties as set forth in rule 3770:2-4-07 of the Administrative Code. Issuance of a temporary license does not guarantee the issuance of a license.