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Can you summarize Nevada GCCB Regulation 29?
Regulations of the Nevada Gaming Commission and Control Board > Regulation 29
Short Summary
The provided legal document content pertains to the regulation of slot machines in Nevada. It outlines the requirements for paying tax and license fees on single slot machines and multiple machines. Tax and license fees are to be paid on a single slot machine when only one person has the opportunity to play and win. If a slot machine allows multiple players to participate and win separately, tax and license fees are assessed per player position. The document also emphasizes the need for a responsible person to be present on the premises whenever a slot machine is available for play by the public. Failure to have a responsible person available is considered an unsuitable method of operation. The document mentions penalties for willful failure to report, pay, or truthfully account for the tax. It also states that violation of any provision of the regulation or statute constitutes an unsuitable method of operation, which can result in disciplinary action against the license holder. Overall, the document provides guidelines for the operation and taxation of slot machines in Nevada, ensuring compliance and fair practices in the gaming industry.
Whom does it apply to?
Individuals or entities involved in the operation and licensing of slot machines in Nevada
What does it govern?
Regulation of slot machines in Nevada for the purpose of administering license fees and the annual tax
What are exemptions?
No specific exemptions are mentioned in the document
What are the Penalties?
Violation of any provision of the regulation or statute constitutes an unsuitable method of operation subjecting the license holder to disciplinary action
Jurisdiction
Nevada