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Session Laws, 1995
Volume 793, Page 3321   View pdf image
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PARRIS N. GLENDENING, Governor                                 Ch. 579

SUBTITLE 5. CASINO GAMBLING.

6A-501.

THIS SUBTITLE APPLIES ONLY TO GAMBLING CONDUCTED BY A LICENSED
CASINO.

6A-502.

(A) THE COMMISSION MAY LICENSE NOT MORE THAN FIVE PERSONS TO
OPERATE A CASINO.

(B) IN DETERMINING WHETHER TO GRANT TO AN APPLICANT A LICENSE TO
OPERATE A CASINO, THE COMMISSION SHALL CONSIDER:

(1)      THE CHARACTER, REPUTATION, EXPERIENCE, AND FINANCIAL
INTEGRITY OF THE APPLICANT AND ANY INDIVIDUAL WHO HOLDS A SUBSTANTIAL
INTEREST IN THE APPLICANT;

(2) THE HIGHEST PROSPECTIVE TOTAL BENEFIT, EXCLUSIVE OF TAXES
AND FEES, TO BE DERIVED BY THE STATE FROM THE OPERATION OF A CASINO BY
THE APPLICANT;

(3) THE GOOD FAITH AFFIRMATIVE ACTION PLAN OF THE APPLICANT
TO RECRUIT, TRAIN, AND PROMOTE MINORITIES AND WOMEN IN ALL EMPLOYMENT
CLASSIFICATIONS;

(4) THE FINANCIAL ABILITY OF THE APPLICANT TO PURCHASE AND
MAINTAIN ADEQUATE LIABILITY AND CASUALTY INSURANCE;

(5)      WHETHER THE APPLICANT HAS ADEQUATE CAPITALIZATION TO
PROVIDE AND MAINTAIN A CASINO FOR THE DURATION OF A LICENSE; AND

(6)      THE EXTENT TO WHICH THE APPLICANT MEETS OR EXCEEDS OTHER
STANDARDS FOR THE ISSUANCE OF A LICENSE TO OPERATE A CASINO THAT THE
COMMISSION ADOPTS BY REGULATION.

(C) (1) A LICENSED CASINO OPERATOR SHALL SUBMIT ANNUALLY AN
AUDIT BY A CERTIFIED PUBLIC ACCOUNTANT, LICENSED UNDER TITLE 2 OF THE
BUSINESS OCCUPATIONS AND PROFESSIONS ARTICLE, OF THE FINANCIAL
TRANSACTIONS AND CONDITION OF THE LICENSEE'S TOTAL OPERATIONS.

(2) IN ADDITION TO OTHER REQUIREMENTS OF THE COMMISSION, A
LICENSED GAMBLING SUPPLIER SHALL SUBMIT ANNUALLY:

(I) A LIST OF ALL EQUIPMENT, GAMING DEVICES, AND GAMING
SUPPLIES OFFERED FOR SALE OR LEASE IN CONNECTION WITH GAMBLING UNDER
THIS TITLE;

(II) AN INVENTORY OF ITS EQUIPMENT, GAMING DEVICES, AND
GAMING SUPPLIES FOR SALE OR LEASE IN CONNECTION WITH GAMBLING UNDER
THIS TITLE; AND

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Session Laws, 1995
Volume 793, Page 3321   View pdf image
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