Indiana Administrative Code
Title 68 - INDIANA GAMING COMMISSION
Article 4 - CORPORATIONS
Rule 1 - Publicly Traded Corporations
Section 1-2 - Applicability
Current through September 18, 2024
Authority: IC 4-33-4; IC 4-35-4
Affected: IC 4-33; IC 4-35
Sec. 2.
(a) This rule applies to publicly traded corporations holding casino owners' licenses, certificates of suitability, or supplier licenses in Indiana and casino licensees, casino license applicants, or supplier licensees owned directly or indirectly by a publicly traded corporation, whether through a subsidiary or intermediary company thereof, where the ownership interest directly or indirectly is, or will be upon approval by the commission, five percent (5%) or more of the entire casino licensee, casino license applicant, or supplier licensee.
(b) If the commission determines that a publicly traded corporation, or a subsidiary, intermediary company, or holding company thereof has the actual ability to exercise influence over a casino licensee or supplier licensee, regardless of the percentage of ownership possessed by the entity, the commission may require the entity to comply with this rule.