§ 4-33-6.5-4 — Factors considered in granting operating agent contract; submission of proposed riverboat design

Indiana § 4-33-6.5-4

• Jurisdiction: Indiana
• Art. 33: RIVERBOAT GAMBLING
• Ch. 6.5: Riverboat Operating Agent Contract

Text

In determining whether to grant an operating
agent contract 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 in a historic hotel district. The applicant must
submit to the commission a proposed design of the riverboat.
(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) Whether the applicant has adequate capitalization to operate
a riverboat for the duration of the contract.
(7) The extent to which the applicant provides assurances that the
applicant will participate in the funding of:
(A) specific economic development programs; or
(B) infrastructure improvements;
in the county where the riverboat is located.
(8) The extent to which the applicant exceeds or meets other
standards adopted by the commission.

Legislative History

As added by P.L.92-2003, SEC.31.