N.M. Admin. Code § 15.1.24.8

Current through Register Vol. 35, No. 21, November 5, 2024

Section 15.1.24.8 - ELIGIBILITY; REQUIREMENTS FOR AN ADMINISTRATOR

A. Any New Mexico racetrack gaming operator licensee is eligible to operate a progressive system upon approval of the progressive system by the board and compliance with this rule.

B. Any person other than a New Mexico racetrack gaming operator licensee may act as an administrator of a multi-link progressive upon issuance of a certification of finding of suitability by the board approving the activity.

C. Any New Mexico racetrack gaming operator licensee or other person who intends to act as an administrator of a multi-link progressive system shall submit an application to the board.

D. The application shall be submitted on forms supplied or approved by the board and shall contain such information and documents as specified.

E. A New Mexico racetrack gaming operator licensee or other person shall not act as an administrator for a multi-link progressive system unless the board has approved the licensee's application in writing.

N.M. Admin. Code § 15.1.24.8

15.1.24.8 NMAC - N, 5/31/00; A, 5/15/07, Amended by New Mexico Register, Volume XXVI, Issue 19, October 15, 2015, eff. 10/15/2015