Can you summarize Nevada GCCB Regulation 14?
Regulation 14, issued by the Nevada Gaming Commission and Control Board, governs various aspects of the gaming industry in Nevada. It applies to manufacturers, distributors, operators, and independent testing laboratories involved in the gaming industry. The regulation defines terms such as ‘cashless wagering system,’ ‘control program,’ ‘distribution,’ ‘game of chance,’ ‘game of skill,’ ‘game outcome,’ ‘inter-casino linked system,’ ‘interactive gaming system,’ ‘manufacturer,’ ‘mobile gaming system,’ ‘modification,’ ‘on-line slot metering system,’ ‘operator,’ and more.
Can you summarize Nevada GCCB Regulation 15?
Regulation 15 governs institutional investors who own or intend to own equity securities issued by a corporate licensee or holding company. It allows institutional investors to apply for a waiver of certain requirements if they hold the securities for investment purposes only. However, institutional investors cannot receive or hold a waiver if they will own more than 15 percent of the voting or equity securities, except through a debt restructuring. The document outlines the application process for a waiver, including the required information and certifications.
Can you summarize Nevada GCCB Regulation 15B?
Regulation 15B, part of the Regulations of the Nevada Gaming Commission and Control Board, governs limited-liability company licensees. It provides definitions for various terms and clarifies that certain definitions are not intended for use in this or any other regulation or statute. The regulation grants the Board and Commission full power and authority to recommend or take actions related to licenses, registrations, approvals, findings of suitability, or other disciplinary actions. The burden of proof is placed on the person applying for any approval required or permitted by Regulation 15B.
Can you summarize Nevada GCCB Regulation 16?
Regulation 16, part of the Regulations of the Nevada Gaming Commission and Control Board, governs publicly traded corporations and public offerings of securities. It outlines the requirements and procedures for acquiring control of a corporate licensee or affiliated company, as well as the approval process for plan of recapitalization or exceptional repurchase of securities. The regulation also addresses reporting obligations, determination of beneficial owners of voting securities, licensing and suitability requirements for officers and directors of publicly traded corporations involved in gaming activities, and the powers of the Commission in requiring individuals with material relationships or involvement with publicly traded corporations to apply for a finding of suitability or licensing.
Can you summarize Nevada GCCB Regulation 22?
The provided legal document content consists of regulations governing race books and sports pools in Nevada. The regulations cover various aspects, including the payment of winning wagers, the operation of parlay card wagers, the use of communications technology, the acceptance of wagers, the prevention of circumvention of wagering limits, and the establishment of minimum reserve requirements. The regulations require books to make payment on winning wagers to the person who presents the patron’s copy of the betting ticket.
Can you summarize Nevada GCCB Regulation 23?
Regulation 23 is part of the Regulations of the Nevada Gaming Commission and Control Board, specifically governing card games. The regulation provides definitions for various terms related to card games, such as ‘rake-off,’ ’time buy-in,’ ‘raise,’ and ‘ante.’ It outlines procedures for card game drop boxes and sets rules regarding rake-offs and time buy-ins in card games. The regulation specifies the maximum rake-off percentage, time buy-in, number of raises allowed, monetary limit of each raise, and amount of ante.
Can you summarize Nevada GCCB Regulation 26A?
Regulation 26A of the Nevada Gaming Commission and Control Board governs the regulation and conduct of Off-Track Pari-Mutuel Wagering in Nevada. The regulation applies to licensees, systems operators, pari-mutuel books, tracks, and patrons involved in off-track pari-mutuel wagering. It establishes definitions for various terms related to off-track pari-mutuel wagering and outlines the requirements for obtaining a license to accept off-track pari-mutuel wagers. The document specifies that off-track pari-mutuel wagering can only be conducted within a race book or approved area.
Can you summarize Nevada GCCB Regulation 26B?
Regulation 26B of the Nevada Gaming Commission and Control Board governs off-track pari-mutuel sports wagering and off-track pari-mutuel other event wagering. It applies to establishments within Nevada that are licensed to accept off-track pari-mutuel sports wagers, out-of-state facilities approved to accept such wagers, persons or governmental agencies operating such facilities, and associations of such facilities. The regulation defines various terms used in the document and outlines the requirements and procedures for accepting off-track pari-mutuel sports wagers.
Can you summarize Nevada GCCB Regulation 26C?
Regulation 26C of the Regulations of the Nevada Gaming Commission and Control Board governs Off-Track Pari-Mutuel Horse Race Account Wagering in Nevada. It applies to operators of call center systems, licensed Nevada pari-mutuel race books, affiliated licensed gaming establishments, Group I and Group II licensees. The regulation establishes suitability requirements for operating a call center, including the need for a nonrestricted gaming license and compliance with chapters 463 and 464 of the Nevada Revised Statutes or Regulation 22.
Can you summarize Nevada GCCB Regulation 28?
Regulation 28, part of the Regulations of the Nevada Gaming Commission and Control Board, governs the exclusion or ejection of individuals from licensed gaming establishments in Nevada. It applies to licensed gaming establishments that conduct pari-mutuel wagering or operate any horse race book, sports pool or games, other than slot machines only. The criteria for inclusion on the exclusion list are set forth in NRS 463.151(3), which includes evidence of notorious or unsavory reputation.