Section 68 IAC 2-3.5-1 - Junket operator registrationAuthority: IC 4-33-4-3; IC 4-35-4-2; IC 4-35-4-3
Affected: IC 4-33; IC 4-35
Sec. 1.
(a) "Junketeer" means an individual who:(1) is a substantial owner, key person, employee, or agent of a junket operator; and(2) conducts business with at least one (1) Indiana casino on behalf of a junket operator.(b) "Junket operator" means a person whose compensation is determined by: (1) how much a person either wagers or loses; or(2) an estimate by the casino licensee or gaming operations manager as to the potential amount a patron will wager or lose.(c) In order to conduct business with an Indiana casino, a junket operator and a junketeer must hold a certificate of registration issued by the commission.(d) Applications for a junket operator certificate of registration shall not be considered by the commission unless a casino licensee:(1) submits a request to the commission for registration of the junket operator; and(2) provides evidence of conducting due diligence regarding the:(C) reputation; of the junket operator and any related junketeer or junketeers.(e) A casino licensee shall not enter into a business relationship with or compensate a junket operator until the commission notifies the casino licensee in writing that the junket operator has been granted a certificate of registration.(f) An application for junket operator certificate of registration or junketeer certificate of registration must be on forms prescribed by the commission. An application for a junket operator registration must include the following:(1) A nonrefundable application fee of two hundred fifty dollars ($250) to the commission.(2) A nonrefundable application fee of seventy-five dollars ($75) for each junketeer who wishes to conduct business with Indiana casino licensees.(3) A nonrefundable application fee of seventy-five dollars ($75) for each key person or substantial owner affiliated with the entity wishing to register as a junket operator.(g) The junket operator shall pay an annual nonrefundable certificate of registration renewal fee of two hundred fifty dollars ($250) and an annual nonrefundable certificate of registration renewal fee of seventy-five dollars ($75) for each junketeer, key person, or substantial owner. Payment must be remitted to the commission no less than thirty (30) days prior to the expiration of the junket operator's certificate of registration. Failure to do so may result in denial of a request for certificate of registration renewal.Indiana Gaming Commission; 68 IAC 2-3.5-1; filed Dec 23, 2008, 1:32 p.m.: 20090121-IR-068080327FRA; readopted filed November 26, 2013, 3:58 p.m.: 20131225-IR-068130354RFAReadopted filed 9/4/2019, 10:57 a.m.: 20191002-IR-068190384RFA