Bond Insurances for the Gaming Sector
Ensure your legal obligations and guarantee the proper operation of games of chance.
A bond insurance for the gaming sector is essential to meet legal and formal obligations before Public Administrations and Agencies, being an indispensable requirement for obtaining the opening license.
The surety insurance for the gaming sector is designed to guarantee compliance with legal and formal obligations before the competent Administrations and Public Bodies, in accordance with current legislation on games of chance, betting, and gambling. This insurance is a prerequisite for obtaining the operating license and is related to the registration and operation of recreational machines, among other activities in the sector.
Highlights
Legal Requirements: An essential insurance to operate in the gaming sector and comply with current regulations.
Coverages
Ensure compliance with legal and formal obligations before administrations and public organizations.
Bond Insurances for the Gaming Sector
How can we help you?
Contact your specialists for Bond Insurances for the Gaming Sector
Frequently asked questions
For whom?
This insurance is aimed at companies dedicated to the installation and operation of recreational machines and other activities involving games of chance, betting, and luck.
To whom is it submitted?
The guarantee is established in favor of the Comisión Nacional del Juego (National Gaming Commission), with an express waiver of the benefits of division, order, and exclusion, enforceable at first request, irrevocable, and deposited with the Comisión Nacional del Juego.
How do I take it out?
To take out our guarantees, it is essential to present the following documentation:
Completely filled questionnaire.
Deeds of incorporation of the company.
Official annual accounts of the last financial year.
Company experience. Applicable legislation.
Applicable legislation
Law 13/2011, of May 27, on the regulation of gambling.
Real Decreto 1614/2011, of November 14.
Decree 73/2009, Community of Madrid.
Decree 250/2005, of November 22, Community of Andalusia.
Resolution of November 16, 2011. Law 15/1984, of March 20, regulating gambling in Catalonia. Law 2/1989, of February 16, on Tourist Recreational Centers.