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Can you summarize AKST 05.15.128?
Licenses, Permits, and Registrations. > Revocation of operator's license.
Short Summary
This legal document governs the revocation of an operator’s license for games of chance and contests of skill in Alaska. It applies to operators who do not meet certain financial requirements, including reporting an adjusted gross income of at least 15 percent of gross income annually and paying a percentage of the adjusted gross income to the authorizing permittee. The document also allows a person, municipality, or qualified organization whose license has been revoked to appeal the revocation by submitting to and paying for a complete audit of their financial records. The results of the audit are conclusive. The document references several sections of the Alaska Administrative Code related to licenses, permits, and registrations for games of chance and contests of skill. The penalties for non-compliance with the financial requirements are the revocation of the operator’s license.
Whom does it apply to?
Operators of games of chance and contests of skill
What does it govern?
Revocation of operator's license
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Revocation of the operator's license
Jurisdiction
Alaska