Gambling/Gaming Industry Licensing
Where gambling is legal, state and local authorities heavily regulate this industry. Gaming licensing laws are aimed at preventing criminal behavior through extensive oversight. State and local officials regularly inspect card rooms, commercial casinos and lotteries. Even non-profit organizations must be properly licensed before holding raffles, fundraising casino nights or bingo. Don’t risk the severe penalties for the failure to obtain the proper licensing of illegal gambling. Let LicenseLogix help you receive and maintain a gaming license for your business or not-for-profit organization.
Gambling is legal under United State Federal law so every state has the right to allow or prohibit such activity. Many states allow charitable gaming and lotteries, while fewer states allow commercial and racetrack gambling. State gaming licenses are often administered and overseen by the state gaming commission.
Gaming license application processes are highly detailed. Most applications require background checks and subsequent investigations. Licenses are often issued for specific types of activities, in certain places, and at certain times. Common types of licenses are for casinos, racing, lottery, charitable gaming, and sweepstakes.
Ramifications of Non-Compliance
Operating an illegal gambling enterprise is a felony in most states. Penalties include fines up to $20,000 and prison sentences up to ten years.
How we help your business:
- Our specialists will walk you through extensive application requirements and streamline the process for you.
- We will save you time by preparing your gaming industry license application and answering any questions you may have.
- We will save you money by avoiding expensive penalties by becoming properly licensed the first time and by managing your renewals.
More Resources:- The American Gaming Association
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