La. Admin. Code tit. 42 § III-2113

Current through Register Vol. 50, No. 9, September 20, 2024

Section III-2113 - Licensing Criteria

A. No person shall be eligible to conduct gaming operations at a casino or obtain any license or permit issued pursuant to the provisions of the Act or these regulations unless the applicant proves by clear and convincing evidence he is suitable.

B. The applicant must prove by clear and convincing evidence that it has, or guarantees acquisition of, the competence and experience to conduct gaming operations, by demonstrating through training, education, business experience, or a combination thereof, the capability to operate a casino.

C. The applicant shall demonstrate that the proposed financing of the casino and the gaming operations is adequate for the nature of the proposed operation and from a source suitable and acceptable to the board.

D. If a natural person, the applicant for a license shall be a Louisiana domiciliary.

E. If not a natural person, the applicant for a license shall be a Louisiana corporation, partnership, limited liability company, or a registered limited liability partnership authorized to conduct business in the state of Louisiana.

F. If not a natural person, the applicant for a permit shall be authorized to conduct business in the state of Louisiana.

G. Riverboat Applicants

1. The applicant shall demonstrate a proven ability to operate a vessel of comparable size, capacity, and complexity so as to ensure the safety of its passengers as set forth in these regulations.

2. The applicant shall submit a detailed plan of design of the riverboat.

3. The applicant shall show adequate financial ability to construct and maintain a riverboat.

4. The applicant shall designate the docking facilities to be used by the riverboat.

5. The applicant shall have a good-faith plan to recruit, train, and upgrade minorities in all employment classifications.

6. The applicant shall have a plan to provide the maximum practical opportunities for participation by the broadest number of minority-owned businesses.

H. Casino Operator Applicants

1. The casino operator applicant shall demonstrate it has or is capable of and guarantees the obtaining of a bond or satisfactory financial guarantee of sufficient amount, as determined by the board, to guarantee successful completion of and compliance with the casino operating contract or such other projects which are regulated by the board.

I. Failure to satisfy this Section may constitute grounds for delaying consideration of the application or for denial of the application.

La. Admin. Code tit. 42, § III-2113

Promulgated by the Department of Public Safety and Corrections, Gaming Control Board, LR 38:1611 (July 2012), Amended LR 442216 (12/1/2018).

AUTHORITY NOTE: Promulgated in accordance with R.S. 27:15 and 24.