Bond Required

An estimate will be made to calculate the amount for the initial bond based on the expected tax payments to be made by the taxpayer/licensee, but in no case shall the bond amount for the gaming licensee be less than $250,000. The amount of the bond for each licensed manufacturer and for each licensed distributor or seller shall not be less than $5,000. If a person holds both a manufacturer's and a distributor's or seller's license, the amount of the bond shall not be less than $10,000.