Casino Gaming Surety Bonds – Hawaii

Category: Uncategorized
Published: Jul 22, 2011
HB 1536: Public Officials and License Bonds – Casino Gaming

Casino gaming in Hawaii will be authorized and regulated through this bill. The bill will create the Hawaii Gaming Control Commission. A surety bond in the amount of 25K must be posted by each member of the Commission. This will secure the faithful performance of the duties of office. This bill will also require licensure and a 200K surety bond to be posted for casino gaming operators. This bond will guarantee that the licensee would comply with the proposed law and any rules adopted to implement it.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.