Ohio Administrative Code › Title 3772 - Casino Control Commission › Chapter 3772-4 - Casino Operator, Management Company, and Holding Company Licenses › Section 3772-4-02 - Information that must be provided by a casino operator, management company, or holding company license applicant

Current through all regulations passed and filed through July 1, 2024
(A)
								The applicant
			 must provide all materials required by section
			 3772.11
			 of the Revised Code.
(B) The applicant
			 must
			 provide the location where it is requesting to conduct casino gaming and proof
			 that it is the property owner or is authorized by the property owner to operate
			 casino gaming at the designated location.
(C) The applicant must provide its
			 organization documents, including its other names
			 and addresses, all businesses operated by the applicant, all holding companies,
			 intermediaries, subsidiaries, affiliates or other business type entities, and
			 any other states where the applicant conducts business.
(D) The applicant must provide the
			 names and addresses of all current principals associated with the applicant .
(E) The applicant must provide
			 information concerning the compensation of current principals. The applicant
			 must
			 further provide compensation information for all employees who earn over one
			 hundred and fifty thousand dollars.
(F) The applicant must provide a
			 description of its bonus, profit sharing, pension, retirement, deferred
			 compensation, and any other similar
			 plans.
(G) The applicant
			 must
			 provide all stock information requested in the application.
(H) The applicant must disclose
			 the ownership interests of current  partners of the applicant .
(I) The
			 applicant must list the holder(s) and
			 describe the nature of any long term debt. Long term debt means debt
			 that
			 matures more than one year from the date of issuance or which, by its terms, is
			 renewable for a period of more than one year from the date of
			 issuance.
(J) The applicant
			 must
			 list the holder(s) of and describe the nature, type, terms, conditions and
			 covenants of all outstanding loans, mortgages, trust deeds, pledges, lines of
			 credit, or other evidence of indebtedness or security interests, other than
			 those described previously, utilized by the applicant and any holding
			 companies, intermediary subsidiaries, affiliates, and any other similar
			 business entities of the applicant.
(K) The applicant must provide a
			 detailed description of any options existing or to be created with respect to
			 securities issued by the applicant , including the title and amount of securities subject
			 to option;
			 the year or years during which the options were or will be granted; the conditions
			 under which the options were or will be granted; the consideration
			 for granting the option;
								 the year or years during which and the terms under whichoptionees became or will become entitled to exercise the options; and when such
			 options expire.
(L) The applicant
			 must
			 provide information concerning the beneficial owners of security options.
(M)
			 The applicant must provide information with respect to each bank,
			 savings and loan association, or other financial institution, whether domestic
			 or foreign, in which the applicant has  an account  regardless of whether such account is held in the
			 name of the applicant, a nominee of the applicant, or
			 is
			 otherwise under the direct or indirect control of the applicant.
(N)
			 The applicant must provide information with respect to all
			 contracts, agreements, and management agreements, written or oral, that the
			 applicant has entered into or intends to enter into related to its casino
			 facility. This includes all contracts or agreements of one hundred thousand
			 dollars or more in value or from whom the corporation has received one hundred
			 thousand dollars or more in goods or services in the last twelve
			 months. All management agreements, regardless of compensation level, must be
			 provided.
(O) The applicant
			 must
			 provide information for each change that occurred within the last
			 three
			 years,  in the
			 beneficial ownership of the equity securities of the applicant on the part of
			 any person who is indirectly or directly a beneficial owner of more than five
			 per cent of any class of an equity security of the applicant or who is or was
			 within that period a director or officer of the corporation. The applicant must
			 include changes resulting from (1) gift; (2) purchase; (3) sale; (4) exercise
			 of an option to purchase; (5) exercise of an
			 option to sell; (6) grant or receipt of a put; or
			 (7) grant or receipt of a call.
(P) The applicant
			 must
			 provide information about any offenses or charges the applicant
			  may have
			 committed or had filed against them.
(Q)
			 The applicant must provide information regarding
			 whether The applicant has ever been called to testify
			 before, been the subject of an investigation conducted by, or requested to take
			 a polygraph exam by any governmental agency, court, committee, grand jury, or
			 investigatory body (municipal, state, county, provincial, federal, national,
			 etc.) other than in response to minor misdemeanor
			 traffic  offenses.
(R)
			 The applicant must describe all existing litigation and any settled
			 or closed legal action over the last three years in which the
			 applicant is or was a party, whether in this state or in
			 another jurisdiction. This description must include the title and docket number
			 of the litigation, the name and location of the court before which it is
			 pending, the identity of all parties to the litigation, the general nature of
			 all claims being made and the nature of any judgments or court dispositions.
			 The applicant must list most recent litigation first.
(S)
			 The applicant must provide all information regarding a judgment, order, consent
			 decree, or consent order pertaining to a violation or alleged violation of the
			 federal antitrust, trade regulation or securities laws, or similar laws of any
			 state, province or country entered against it.
(T)
			 The applicant must provide the following information regarding any application
			 filed by the applicant in any
			 jurisdiction for a license, permit, or other authorization to participate in
			 lawful gambling operations within the last three year period:
(1) The type of license, permit, or
			 authorization;
(2) The name and
			 location of the governmental agency from which the license, permit, or
			 authorization was sought;
(3) The
			 application number;
(4) Whether the
			 license, permit, or other authorization was issued or denied and the date of
			 disposition;
(5) If a license,
			 permit, or authorization was denied, the reasons for denial;
(6) If a license, permit, or authorization
			 was issued, the license, permit, or authorization number, current status, and
			 location of each licensed, permitted or authorized facility;
(7) If a license, permit, or authorization
			 was issued, whether it was subsequently revoked or suspended and the reasons
			 for revocation or suspension; and
(8) If a license, permit, or authorization
			 was issued, whether the holder of such license, permit, or authorization was
			 fined, penalized, or otherwise sanctioned and the reasons and circumstances for
			 such fine, penalization, or sanction.