Current through P.L. 171-2024
Section 4-35-5-2.4 - Factors considered in granting licenses In determining whether to grant a license under this chapter to an applicant, the commission shall consider the following:
(1) The character, reputation, experience, and financial integrity of the following:(B) A person that: (i) directly or indirectly controls the applicant; or(ii) is directly or indirectly controlled by the applicant or by a person that directly or indirectly controls the applicant.(2) The facilities or proposed facilities for the conduct of gambling games. The facilities or proposed facilities must include capital expenditures of at least one hundred million dollars ($100,000,000).(3) The prospective total revenue to be collected by the state from the conduct of gambling games.(4) The good faith affirmative action plan of each applicant to recruit, train, and upgrade minorities in all employment classifications.(5) The financial ability of the applicant to purchase and maintain adequate liability and casualty insurance.(6) If the applicant has adequate capitalization to provide and maintain facilities for gambling games for the duration of the license.(7) The extent to which the applicant exceeds or meets other standards adopted by the commission.As added by P.L. 233-2007, SEC.21.