Code of Maine Rules › 16 - DEPARTMENT OF PUBLIC SAFETY › 633 - GAMBLING CONTROL BOARD › Chapter 2 - LICENSES AND APPLICATIONS › Section 633-2-5 - Application - Gambling Services Vendor

Current through 2024-29, July 17, 2024
1. An applicant
				for a license to act as a Gambling Services Vendor shall apply on forms
				specified by the Board. In addition to any information required by statute,
				application forms may require the applicant to provide the following:
A. The applicant's legal name, form of
				entity, the names, addresses, employer identification or social security
				numbers (if applicable) and dates of birth (if applicable) of its directors,
				officers, partners, owners, key executives and slot machine and casino
				operations employees.
B. A
				description of the applicant's organizational structure. This will include an
				organizational chart listing key executives and positions being held for gaming
				operations along with their duties and responsibilities.
C. With respect to any persons named in
				subparagraph (A) that are not individuals, the names, addresses, social
				security numbers, and dates of birth of all individuals who are directors,
				officers, owners, partners, key executives, or slot machine and casino
				operations employees of any such persons.
D. The percentages of shares of stock, if
				any, held by each person named in subparagraph (A) or subparagraph (C) above.
				The Director may, at his or her discretion, cause periodic reexamination of the
				percentage of shares held by persons subject to such disclosures under these
				regulations.
E. The names of all
				persons principally involved in the original creation of the applicant's
				enterprise.
F. Responses to
				questions designed to elicit information necessary for the Board to evaluate
				the qualification and suitability of the applicant pursuant to 8 M.R.S.A.
				Chapter 31, Section 1016, subsection
				2.
G. Certified copies, including amendments, of
				the applicant's charter, bylaws, articles of incorporation, articles of
				organization, partnership agreement, including the amount and date of each
				capital contribution of any partner to the applicant, trust agreement, and
				other documents that document or explain the legal organization of the
				applicant.
H. Certified copies of
				organizational minutes and/or other corporate records reflecting ownership and
				the election of officers.
I. The
				information required by subparagraph (A) above as to any operator of any
				business conducted by such applicant and any other contractor (which is not a
				publicly traded entity) utilized by such applicant which has received
				compensation from such applicant in excess of $100,000 for gambling-related
				services in any of the three (3) preceding fiscal years together with a copy of
				all agreements between such applicant and such operator or contractor and a
				statement of all compensation paid to such operator or contractor during said
				three-year period.
J. Copies of the
				applicant's audited financial statements for the preceding three (3) fiscal
				years and a copy of internally prepared financial statements for the current
				fiscal year as at the close of the most recent fiscal quarter.
K. If a corporation, biennial reports and SEC
				filings, if any, for past 3 years and meeting minutes from past 12
				months.
L. Copies of the
				applicant's State and Federal tax returns for a period of three (3) fiscal
				years.
M. Copies of the declaration
				pages of all insurance policies insuring the applicant or the
				premises.
N. A copy of the
				Certificate of Authority to do business in the state of Maine, if incorporated
				outside of Maine.
O. Copies of any
				Trade Name Registrations filed by the applicant.
P. The information required by subparagraph
				(A) above as to the ten (10) largest unsecured creditors which are not publicly
				traded entities or accounting firms or legal firms of the applicant who are
				owed more than $25,000 by the applicant for a period in excess of sixty
				days.
Q. Any and all other
				information as the Director may require to determine the competence, honesty
				and integrity of the applicant as required by 8 M.R.S.A. Chapter 31, Section
				1016.