Md. Code, Business Regulation § 11–822

(a) The Commission shall set the term of each permit.

(b) If the Commission approves, a permit may be transferred to another person if:

(1) the satellite simulcasting facility remains at the same location; and

(2) the person complies with all regulations of the Commission established under § 11-316 of this title for the purchase or transfer of an entity licensed to conduct racing.