(a) General rule.--Except as provided in subsection (b), no person may offer or otherwise make available for play in this Commonwealth a fantasy contest without a fantasy contest license.
(b) Existing activity.--A person who applies for or renews a fantasy contest license in accordance with this chapter may operate during the application or renewal period unless:
(1) The board has reasonable cause to believe the person or licensed operator is or may be in violation of the provisions of this chapter.
(2) The board requires the person to suspend the operation of a fantasy contest until the fantasy contest license is issued or renewed.