Chapter 60, Article 2E NMSA 1978 may be cited as the “Gaming Control Act”. History: Laws 1997, ch. 190, § 3; 2002, ch. 102, § 2. ANNOTATIONS Cross references. — For the Indian Gaming Compact, see 11-13-1 NMSA 1978 et seq. For criminal offenses relating to gambling, see 30-19-1 NMSA 1978 et seq. The 2002 […]
A. The executive director shall implement the policies of the board. B. The executive director shall employ all personnel who work for the board. The employees shall be covered employees pursuant to the provisions of the Personnel Act [Chapter 10, Article 9 NMSA 1978]. Among those personnel, he shall employ and designate an appropriate number […]
A. A person who is under consideration in the final selection process for appointment as the executive director shall file a disclosure statement pursuant to the requirements of this section, and the board shall not make an appointment of a person as executive director until a background investigation is completed by the department of public […]
A. In addition to all other provisions of New Mexico law regarding conflicts of interest of state officials and employees, a member of the board, the executive director, an employee of the board or a person in the immediate family of or residing in the household of any of the foregoing persons, shall not: (1) […]
A. A person shall not conduct gaming unless the person is licensed as a gaming operator. B. A person shall not sell, supply or distribute a gaming device or associated equipment for use or play in this state or for use or play outside of this state from a location within this state unless the […]
A. A public post-secondary educational institution may temporarily possess gaming devices for the limited purpose of providing instruction on the technical aspects of gaming devices to persons seeking certification as technicians qualified to repair and maintain gaming devices. A gaming device allowed for such limited use shall be subject to registration, transport, possession and use […]
A. The board shall establish and issue the following categories of licenses: (1) manufacturer; (2) distributor; (3) gaming operator; and (4) gaming machine. B. The board shall issue certifications of findings of suitability for key executives and other persons for whom certification is required. C. The board shall issue work permits for gaming employees. D. […]
A. License and other fees shall be established by board regulation but shall not exceed the following amounts: (1) manufacturer’s license, twenty thousand dollars ($20,000) for the initial license and five thousand dollars ($5,000) for annual renewal; (2) distributor’s license, ten thousand dollars ($10,000) for the initial license and one thousand dollars ($1,000) for annual […]
A. A person that the board determines is qualified to receive a license pursuant to the provisions of the Gaming Control Act may be issued a license. The burden of proving qualifications is on the applicant. B. A license shall not be issued unless the board is satisfied that the applicant is: (1) a person […]
The board shall initiate an investigation of the applicant within thirty days after an application is filed and supplemental information that the board may require is received. History: Laws 1997, ch. 190, § 19.
In order to be eligible to receive a license, a company shall: A. be incorporated or otherwise organized and in good standing in this state or incorporated or otherwise organized in another state, qualified to do business in this state and in good standing in this state and in the state of incorporation; B. comply […]
A. A company applicant for a license or a renewal of a license shall provide the following information to the board on forms provided by the board: (1) the organization, financial structure and nature of the business to be operated, including the names and personal histories of all officers, directors and key executives; (2) the […]
It is the state’s policy on gaming that: A. limited gaming activities should be allowed in the state if those activities are strictly regulated to ensure honest and competitive gaming that is free from criminal and corruptive elements and influences; and B. the holder of any license issued by the state in connection with the […]
A. An officer, director, equity security holder of five percent or more, partner, general partner, limited partner, trustee or beneficiary of the company that holds or has applied for a license shall individually apply for and obtain a certification of finding of suitability, according to the provisions of the Gaming Control Act, and if, in […]
A. If the company applicant or licensee is or becomes a subsidiary, each nonpublicly traded holding company and intermediary company with respect to the subsidiary company shall: (1) qualify to do business in New Mexico; and (2) register with the board and furnish to the board the following information: (a) a complete list of all […]
A. If a company applicant or company licensee proposes to transfer ownership of twenty percent or more of the applicant or licensee, it shall notify the board in writing and provide the following information about the successor company: (1) if the company is a publicly traded corporation, as of the date the company became a […]
A. Each officer, director and key executive of a holding company, intermediary company or publicly traded corporation who the board determines is or is to become actively and directly engaged in the administration or supervision of, or in any other significant involvement with, the activities of the subsidiary licensee or applicant shall apply for a […]
A. Each person who, individually or in association with others, acquires, directly or indirectly, beneficial ownership of five percent or more of any voting securities in a publicly traded corporation registered with the board may be required to be found suitable if the board has reason to believe that the acquisition of the ownership would […]
A. Before a company licensee, other than a publicly traded corporation, may issue or transfer five percent or more of its ownership to a person, it shall file a report of its proposed action with the board, which report shall request the approval of the board. The board shall have ninety days within which to […]
A. An applicant for a gaming operator’s license shall submit with the application a plan for assisting in the prevention, education and treatment of compulsive gambling. The plan shall include regular educational training sessions for employees. Plan approval by the board is a condition of issuance of the license. B. An applicant for a gaming […]
