The state of New Hampshire Racing and Charitable Gaming Commission (RGCC) is a division of the New Hampshire Lottery Commission and regulates simulcast racing, games of chance, bingo and Lucky 7. Per RSA 287-D, primary game operators must submit and maintain a surety bond with the RGCC for each location where the game operator is conducting games of chance. Bond amounts can be up to $500,000, but no less than $25,000, with the RGCC setting the bond amount needed based on the licensee’s normal outstanding obligations of charity payments and state taxes. Please contact the RGCC with questions regarding the specific bond amount you will need prior to bonding.
New Hampshire Game of Chance Surety Bonds ensure that the principal will comply with all of the provisions of RSA 287-4 and remit payment for all license fees, badge fees and assessments required by law. If the principal fails to fulfill the bond’s terms, the harmed party can file a claim against the bond. If the claim is validated, the surety will pay out up to the penal sum of the bond to resolve the claim. Any monies paid out by the surety, including attorney fees, must be reimbursed by the principal.
Pacific Surety offers industry low rates and can obtain approvals for almost all credit situations. Once our simple application has been completed, we can have pricing to you within hours. If you have any specific questions, please contact our knowledgeable underwriting staff.
Surety Bond Name
Game of Chance Surety Bonds – New Hampshire
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