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Current as of January 01, 2021 | Updated by FindLaw Staff
1. The Commission shall, with the advice and assistance of the Board, adopt regulations prescribing:
(a) The manner and method for the approval of associated equipment by the Board; and
(b) The method and form of any application required by paragraph (a).
2. Except as otherwise provided in subsection 3, the regulations adopted pursuant to subsection 1 must:
(a) Require persons who manufacture or distribute associated equipment for use in this State to be registered with the Board if such associated equipment:
(1) Is directly used in gaming;
(2) Has the ability to add or subtract cash, cash equivalents or wagering credits to a game, gaming device or cashless wagering system;
(3) Interfaces with and affects the operation of a game, gaming device, cashless wagering system or other associated equipment;
(4) Is used directly or indirectly in the reporting of gross revenue; or
(5) Is otherwise determined by the Board to create a risk to the integrity of gaming and protection of the public if not regulated;
(b) Require persons who have a significant involvement in the manufacturing or distribution of associated equipment, as determined by the Commission, to register with the Board;
(c) Establish the degree of review an applicant for registration pursuant to this section must undergo, which level may be different for different forms of associated equipment; and
(d) Establish fees for the application and renewal of the registration required pursuant to this section.
3. This section does not apply to:
(a) A licensee; or
(b) An affiliate of a licensee or an independent contractor as defined by NRS 463.01715.
4. In addition to requiring a manufacturer or distributor of associated equipment to be registered as set forth in subsection 2 a manufacturer or distributor of associated equipment who sells, transfers or offers the associated equipment for use or play in Nevada may be required by the Board to file an application for a finding of suitability to be a manufacturer or distributor of associated equipment.
5. If an application for a finding of suitability is not submitted to the Board within 30 days after demand by the Board, it may pursue any remedy or combination of remedies provided in this chapter.
6. Any person who manufactures or distributes associated equipment who has complied with all applicable regulations adopted by the Commission before October 1, 2015, shall be deemed to be registered pursuant to this section.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 41. Gaming; Horse Racing; Sporting Events § 463.665. Regulations: Registration and finding of suitability for manufacturer or distributor of associated equipment or person with significant involvement in manufacturing or distribution of associated equipment; degree of review; fees - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-41-gaming-horse-racing-sporting-events/nv-rev-st-463-665/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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