N.M. Admin. Code § 15.1.10.30 - INFORMATION TO BE PROVIDED BY LICENSEES
A. Every licensee shall report to the board,
on a quarterly basis, the full name and address of every person, including
lending agencies, who has any right, direct or indirect, to share in the
profits of such licensed gaming activities, or to whom any interest or share in
the profits of a licensed gaming activity has been pledged as security for a
debt or deposited as a security for the performance of any act or to secure the
performance of a contract or sale. Such report shall be submitted concurrently
with an application for renewal of the license.
B. Every gaming operator licensee shall
report to the board, within 10 days of the date of the event, the name, date of
birth, and social security number of any person who acquires the right or
ability to control the licensee.
C.
Every licensee shall report to the board in writing any change in key executive
personnel. The report shall be made no later than 30 days after the
change.
D. A company licensee,
other than a publicly traded corporation, shall obtain the board's prior
approval before issuing or transferring five percent or more of its securities
to any person. Any company licensee seeking approval shall file a report of the
proposed action and request the board's approval. The licensee shall supplement
the report with any additional information the board determines is reasonably
necessary to its decision to approve or disapprove the proposed action. The
request shall be deemed fled upon receipt of such information for purposes of
the 90 day period set forth in Section
60-2E-25(A) of
the act.
E. Any person licensed by
the board, including employees with work permits, and any affiliate, shall
notify the board in writing of any criminal conviction and criminal charge
pending against such person within 10 days of such person's arrest, summons, or
conviction. Notice is not required for any non-felony traffic violation unless
the violation results in suspension or revocation of a driver's license or is
based on allegations of driving under the influence of intoxicating liquor or
drugs.
F. Each licensee shall
report any discovered or suspected plan, scheme, device or other methods of
cheating that may compromise the integrity of any gaming device sold or offered
for sale, offered for play, or used for any other gaming purpose within the
state by such licensee. The report shall be in writing and shall be submitted
not later than seven days after discovery of the plan, scheme, device or other
method of cheating. The subject matter and reports of the investigation
conducted under this subsection shall be considered Confidential except that
the board may, in its sole discretion, take whatever steps it deems necessary
or appropriate to address or mitigate the cheating problem, including
distributing a warning about the cheating problem to other state licensees or
other licensing jurisdictions.
G.
An individual who is the holder of a work permit or certification of finding of
suitability shall notify the board in writing of any change in address or
gaming employment within 15 days of the change. Refusal or failure to notify
the board of any change in address shall be grounds for disciplinary
action.
H. A licensee that is a
manufacturer, distributor or racetrack gaming operator licensee shall report to
the board in writing within 60 days if it becomes a party to any civil,
administrative or regulatory action or cause of action in any jurisdiction
where the licensee reasonably believes the amount in controversy is five
thousand ($5,000) or more. A licensee that is a nonprofit gaming operator shall
report to the board in writing within 60 days if it becomes a party to any
civil cause of action where the licensee reasonably believes the amount in
controversy is one thousand ($1,000) or more. A licensee that is a nonprofit
gaming operator shall report to the board in writing within 60 days if it
becomes a party to any regulatory or administrative action. Following such
written report, a licensee shall provide any additional documentation requested
by the board within the time frame specified in the request for additional
documentation.
I. A licensee that
is a nonprofit gaming operator licensee shall notify the board in writing
within 30 days of any change in membership of the licensee's governing board or
officers, including the names, telephone numbers and addresses of new board
members or officers.
J. A licensee
that is a racetrack gaming operator shall notify the board within 30 days of
any change to its organizational structure or management
responsibilities.
K. Each licensee
shall notify the board within 30 days if it becomes subject to any tax
leins.
Notes
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