Who must obtain non-restricted gaming license?
Yes, casino owners need a license, of course. I have just started online casino business, and I used the service from http://www.gaminglicensing.com to obtain my license for it. It was not difficult at all, and I am looking forward to my business to start bringing some good money
The most obvious persons that must obtain a non-restricted license are owners of casinos. But, not all owners must be licensed. For example, a person can buy a small fortune in shares in MGM Grand or Harrah’s without having to obtain license. This is because Nevada law recognizes that if every shareholder of a public casino company had to be licensed, no public company would invest in the state. Therefore, only persons owning more than 10% of a public company must be licensed. This is further relaxed for institutional investors like pension plans that can go up to 15% with the requisite approvals. In contrast to public companies, generally every shareholder of a private company must be licensed. Besides shareholders, certain officers and directors of the public companies must be licensed. On the officer-side, this generally includes the president, the principal executive or operating officer, the principal accounting officer, and the secretary. On the director-side, it includes the cha
