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Can I offer contests that involve VIP programs in Nevada? What are the requirements?
Based on the provided context documents, it is possible to offer contests that involve VIP programs in Nevada, but certain requirements must be met.
Requirements for Offering Contests Involving VIP Programs in Nevada
To offer contests that involve VIP programs in Nevada, the following requirements must be met:
- Obtain a license from the Nevada Athletic Commission [1.2]. The Commission may issue and revoke licenses to conduct, hold or give contests or exhibitions of unarmed combat in accordance with such terms and provisions as the Commission prescribes. Any application for such a license must be in writing and correctly show and define the applicant. The application must be accompanied by an annual fee to be fixed by the Commission on a uniform scale. The Commission may deny an application for such a license or grant a limited, restricted or conditional license for any cause deemed sufficient by the Commission.
- Obtain a license from the Nevada Gaming Commission [2.1]. The Nevada Gaming Commission is charged with the administration of gaming regulations, including off-track pari-mutuel wagering. While there is no mention of contests involving VIP programs, it is recommended to consult with a legal expert in Nevada to determine if any additional licenses or permits are required.
- Comply with the insurance requirements for licensed contestants [1.4]. The Commission may, by regulation, require insurance coverage for each licensed contestant to provide for medical, surgical and hospital care for injuries sustained while engaged in contests or exhibitions of unarmed combat, in an amount of $50,000 or more payable to the physician or hospital which treated the contestant for the contestant’s injuries or, if the contestant has paid for that care, directly to the contestant or the contestant’s beneficiary.
- Pay the additional fee for each ticket sold for admission to live professional contest of unarmed combat [1.5]. In addition to the payment of any other fees or taxes required by this chapter, a promoter shall pay to the Commission a fee of $1.00 for each ticket sold for admission to a live professional contest of unarmed combat which is held in this State.
It is recommended to consult with a legal expert in Nevada to determine if any additional requirements or regulations apply to offering contests that involve VIP programs.
Therefore, to answer your question, it is possible to offer contests that involve VIP programs in Nevada, but certain requirements must be met.
Source(s):
- [1.2] License for contest or exhibition; application for license; fee; limited, restricted or conditional license; bond; Athletic Commission’s Agency Account; additional deposit; exceptions.
- [2.1] Administration by Nevada Gaming Commission: Issuance of licenses; times and places for wagering; regulations; authority and procedure for appointing Off-Track Pari-Mutuel Wagering Committee; inspection of books and records of licensees.
- [1.4] Insurance for licensed contestants.
- [1.5] Additional fee for each ticket sold for admission to live professional contest of unarmed combat; use of money collected; application for grant; regulations.
Jurisdiction
Nevada