Pennsylvania Code
Title 58 - RECREATION
Part VII - GAMING CONTROL BOARD
Subpart C - Slot Machine Licensing
Chapter 441a - SLOT MACHINE LICENSES
Section 441a.11a - Duty to maintain financial suitability

Universal Citation: 58 PA Code ยง 441a.11a

Current through Register Vol. 54, No. 44, November 2, 2024

A slot machine licensee and its intermediaries, subsidiaries and holding companies shall, at all times, remain financially suitable. In determining whether a licensee is financially suitable, the Board will consider the following factors:

(1) The ability to develop and maintain the proposed or licensed project.

(2) The ability to obtain financing and meet its financial obligations.

(3) The ability to maintain a steady level of growth of revenue.

(4) The historical financial suitability and financial wherewithal of the slot machine licensee, its intermediaries, subsidiaries and holding companies.

The provisions of this § 441a.11a issued under 4 Pa.C.S. §§ 1202(b)(9)-(23), 1205, 1206(f) and (g), 1207(1) and (2), 1208(1)(iii), 1209(b), 1212, 1213, 13A11, 13A12-13A14, 13A15 and 1802 and Chapter 13.

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