Can my company be fined in connection with my license to sell to casinos?
CasinoVendors.com

Q: Can my company be fined in connection with my license to sell to casinos?

A: Yes. A company that conducts business with a casino is subject to the laws and regulations of the jurisdiction in which it has been granted a gaming license or exemption. Such laws and regulations set forth various obligations to ensure ongoing compliance. It is also important to note that disciplinary action can vary anywhere from a nominal fine to complete license revocation, which will prevent any further business with a casino licensee (possibly until a later time). Such fines can range depending upon the severity of the infraction committed by the company; however, it is important to note that such infractions must be reported to other jurisdictions in which the company holds a license as well as any new jurisdiction where a license is pursued in the future.

Gaming industry advisor Regulatory Management Counselors, P.C. authored this article. Visit the Gaming Advisors section of this website to find out more about gaming licensing and compliance advisors.