§ 4-33-6-4 — Factors considered in granting licenses; submission of riverboat and dock design

Indiana § 4-33-6-4

• Jurisdiction: Indiana
• Art. 33: RIVERBOAT GAMBLING
• Ch. 6: Licensing of Owners

Text

(a) In determining whether to grant an owner's
license to an applicant, the commission shall consider the following:
(1) The character, reputation, experience, and financial integrity
of the following:
(A) The applicant.
(B) A person that:
(i) directly or indirectly controls the applicant; or
(ii) is directly or indirectly controlled by the applicant or by
a person that directly or indirectly controls the applicant.
(2) The facilities or proposed facilities for the conduct of
riverboat gambling.
(3) The highest prospective total revenue to be collected by the
state from the conduct of riverboat gambling.
(4) The good faith affirmative action plan of each applicant to
recruit, train, and upgrade minorities in all employment
classifications.
(5) The financial ability of the applicant to purchase and maintain
adequate liability and casualty insurance.
(6) If the applicant has adequate capitalization to provide and
maintain a riverboat for the duration of the license.
(7) The impact of any undue economic concentration of the
ownership or control of a gaming license.
(8) The extent to which the applicant exceeds or meets other
standards adopted by the commission.
(b) This subsection does not apply to:
(1) a licensed owner constructing a new riverboat under section
24 of this chapter; or
(2) a person applying for an owner's license to assume control of
a riverboat operating from a dock previously approved by the
commission.
In an application for an owner's license, the applicant must submit to
the commission a proposed design of the riverboat and the dock. The
commission may not grant a license to an applicant if the commission
determines that it will be difficult or unlikely for the riverboat to depart
from the dock.

Legislative History

As added by P.L.277-1993(ss), SEC.124. Amended by P.L.20-1995, SEC.9; P.L.55-1995, SEC.2; P.L.255-2015, SEC.7; P.L.293-2019, SEC.12.