Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part III - Gaming Control Board
Chapter 21 - Licenses and Permits
Section III-2123 - Information Required from an Applicant for a License
Universal Citation: LA Admin Code III-2123
Current through Register Vol. 50, No. 9, September 20, 2024
A. Every application for a license shall contain the following information including but not limited to:
1. two copies of detailed plans of design of
the casino, including a layout of each floor stating the projected use of each
area;
2. the total estimated
construction cost of the casino proposed by the applicant distinguishing
between known costs and projections, and separately identifying:
a. facility design expense;
b. land acquisition or site lease
costs;
c. site preparation
costs;
d. construction cost or
renovation cost;
e. equipment
acquisition cost;
f. cost of
interim financing;
g. organization,
administrative and legal expenses; and
h. projected permanent financing
costs;
3. an estimated
timetable for the proposed financing arrangements through completion of
construction;
4. the construction
schedule proposed for completion of the casino including therein projected
dates for completion of construction and commencement of gaming activities and
indicating whether the construction contract includes a performance
bond;
5. explanation and
identification of the source or sources of funds for the construction of the
casino;
6. description of the
casino size and approximate configuration of slot machines and table games
including the type of slot machine and table games and the proposed
distributors and manufacturers of this equipment;
7. a detailed plan of surveillance and
surveillance equipment to be installed;
8. proposed hours of operation;
9. the proposed management plan, management
personnel by function and organizational chart by position;
10. a general promotion and advertising plan.
A general description of the amounts, kinds and types of general promotion and
advertising campaign(s) which will likely be undertaken by the applicant
including information whether any national or regional advertising will occur,
the medium(s) which may be used, the proposed market and whether any other
facility or activity except the casino will be included in such
advertising;
11. a feasibility
study. Each applicant shall submit or make available to division or board
personnel a feasibility study performed by an independent or approved
applicant's staff consultant, which study shall examine, evaluate and attest to
the feasibility of the applicant's proposed operation and shall describe or
list the evaluation methodology used. The feasibility study shall include a
list of the consultant's qualifications, a discussion of the overall market for
gaming operations and the effect of the proposed casino on the market. In
addition, the feasibility study shall address possible competition from other
casinos and other forms of gaming in all areas of Louisiana and other states;
and,
12. an economic development
and utilization plan. Each applicant shall submit an economic development plan
addressing the purchasing of or utilization of goods and services in the
construction and operation of the proposed casino. The plan shall include a
list and offer of voluntary conditions by the applicant regarding the following
procurement:
a. an estimated procurement
budget for resources and goods to be used in the operation of a casino listing
the amount of the proposed utilization of Louisiana resources, goods and
services in the operation of the casino and the area from which they will be
procured;
b. a list of employees
which the applicant anticipates employing in the casino operation, including
job classifications and total estimated salaries;
c. the percentage of Louisiana residents
projected to be hired and the percentage of minorities and women projected to
be employed.
B. Upon request by the board or division, an applicant for a license shall provide a copy proposed internal controls which shall include:
1. accounting and financial
controls including procedures to be utilized in counting, banking, storage and
handling of cash;
2. procedures,
forms and where appropriate, formulas covering the calculation of hold
percentages, revenue drop, expenses and overhead schedules, complimentary
services, cash equivalent transactions, salary structure, and personnel
practices;
3. job descriptions and
the systems of personnel and chain-of-command, establishing a diversity of
responsibility among employees engaged in gaming operations and identifying
primary and secondary supervisor positions for areas of responsibility, which
areas shall not be so extensive as to be impractical for an individual to
monitor;
4. procedures within the
cashier's cage for the receipt, storage, and disbursal of chips, if applicable,
cash, and other cash equivalents used in gaming, the payoff of jackpots, and
the recording of transactions pertaining to gaming operations;
5. if applicable, procedures for the
collection and security of monies at the gaming tables;
6. if applicable, procedures for the transfer
and recordation of chips between the gaming tables and the cashier's
cage;
7. if applicable, procedures
for the transfer of monies from the gaming tables to the counting
process;
8. procedures for the
counting and recordation of revenue;
9. procedures for the security, storage, and
recordation of cash equivalents utilized in other gaming operations;
10. procedures for the transfers of monies,
cash equivalents or chips, if applicable from and to the slot
machines;
11. procedures and
standards for the opening and security of slot machines;
12. procedures for the payment and
recordation of slot machine jackpots;
13. procedures for the cashing and
recordation of checks exchanged by patrons;
14. procedures governing the utilization of
the private security force within the designated area;
15. procedures and security standards for the
handling and storage of gaming devices, machines, apparatus, including cards
and dice, if applicable, and all other gaming equipment;
16. procedures and rules governing the
conduct of particular games and the responsibilities of the gaming personnel in
respect thereto; and,
17. such
other procedures, rules or standards that the division may impose on a licensee
regarding its operations.
C. In addition, the division may require an applicant to provide such other information and details as it needs to discharge its duties properly.
D. Failure to comply with the provisions of this Section may constitute grounds for delaying consideration or for denial of the application.
AUTHORITY NOTE: Promulgated in accordance with R.S. 27:15 and 24.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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