New Mexico Administrative Code › Title 15 - GAMBLING AND LIQUOR CONTROL › Chapter 1 - GAMES AND GAMING GENERAL PROVISIONS › Part 10 - CONDUCT OF GAMING ACTIVITY UNDER THE GAMING CONTROL ACT › Section 15.1.10.30 - INFORMATION TO BE PROVIDED BY LICENSEES

Current through Register Vol. 35, No. 13, July 16, 2024
A. Every licensee shall report to the board,
				on a quarterly basis, the full name and address of every person, including
				lending agencies, who has any right, direct or indirect, to share in the
				profits of such licensed gaming activities, or to whom any interest or share in
				the profits of a licensed gaming activity has been pledged as security for a
				debt or deposited as a security for the performance of any act or to secure the
				performance of a contract or sale. Such report shall be submitted concurrently
				with an application for renewal of the license.
B. Every gaming operator licensee shall
				report to the board, within 10 days of the date of the event, the name, date of
				birth, and social security number of any person who acquires the right or
				ability to control the licensee.
C.
				Every licensee shall report to the board in writing any change in key executive
				personnel. The report shall be made no later than 30 days after the
				change.
D. A company licensee,
				other than a publicly traded corporation, shall obtain the board's prior
				approval before issuing or transferring five percent or more of its securities
				to any person. Any company licensee seeking approval shall file a report of the
				proposed action and request the board's approval. The licensee shall supplement
				the report with any additional information the board determines is reasonably
				necessary to its decision to approve or disapprove the proposed action. The
				request shall be deemed fled upon receipt of such information for purposes of
				the 90 day period set forth in Section 60-2E-25(A) of the act.
E. Any person licensed by the board,
				including employees with work permits, and any affiliate, shall notify the
				board in writing of any criminal conviction and criminal charge pending against
				such person within 10 days of such person's arrest, summons, or conviction.
				Notice is not required for any non-felony traffic violation unless the
				violation results in suspension or revocation of a driver's license or is based
				on allegations of driving under the influence of intoxicating liquor or
				drugs.
F. Each licensee shall
				report any discovered or suspected plan, scheme, device or other methods of
				cheating that may compromise the integrity of any gaming device sold or offered
				for sale, offered for play, or used for any other gaming purpose within the
				state by such licensee. The report shall be in writing and shall be submitted
				not later than seven days after discovery of the plan, scheme, device or other
				method of cheating. The subject matter and reports of the investigation
				conducted under this subsection shall be considered Confidential except that
				the board may, in its sole discretion, take whatever steps it deems necessary
				or appropriate to address or mitigate the cheating problem, including
				distributing a warning about the cheating problem to other state licensees or
				other licensing jurisdictions.
G.
				An individual who is the holder of a work permit or certification of finding of
				suitability shall notify the board in writing of any change in address or
				gaming employment within 15 days of the change. Refusal or failure to notify
				the board of any change in address shall be grounds for disciplinary
				action.
H. A licensee that is a
				manufacturer, distributor or racetrack gaming operator licensee shall report to
				the board in writing within 60 days if it becomes a party to any civil,
				administrative or regulatory action or cause of action in any jurisdiction
				where the licensee reasonably believes the amount in controversy is five
				thousand ($5,000) or more. A licensee that is a nonprofit gaming operator shall
				report to the board in writing within 60 days if it becomes a party to any
				civil cause of action where the licensee reasonably believes the amount in
				controversy is one thousand ($1,000) or more. A licensee that is a nonprofit
				gaming operator shall report to the board in writing within 60 days if it
				becomes a party to any regulatory or administrative action. Following such
				written report, a licensee shall provide any additional documentation requested
				by the board within the time frame specified in the request for additional
				documentation.
I. A licensee that
				is a nonprofit gaming operator licensee shall notify the board in writing
				within 30 days of any change in membership of the licensee's governing board or
				officers, including the names, telephone numbers and addresses of new board
				members or officers.
J. A licensee
				that is a racetrack gaming operator shall notify the board within 30 days of
				any change to its organizational structure or management
				responsibilities.
K. Each licensee
				shall notify the board within 30 days if it becomes subject to any tax
				leins.