Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 2 - LICENSES AND APPROVAL OF ASSOCIATED EQUIPMENT
Rule 1 - Casino Owner's License
Section 1-10 - Duty to maintain suitability; duty to disclose; transfer of ownership interest
Universal Citation: 68 IN Admin Code 1-10
Current through September 18, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 10.
(a) Casino licensees have a continuing duty to maintain suitability for licensure. A casino owner's license does not create a property right, but is a revocable privilege granted by the state contingent upon continuing suitability for licensure.
(b) Casino licensees shall notify the commission of a material change in the information submitted in the application, or a matter that renders the licensee ineligible to hold a casino owner's license.
(c) An ownership interest in the casino owner's license shall not be transferred unless the transfer complies with 68 IAC 5.
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