The Casino Entity Licensing Bureau assures that each applicant for, and holder of, a casino license and every affiliated company, officer, director, principal employee, financial backer and investor meets the standards of financial responsibility, honesty, integrity and good character as mandated by the Casino Control Act. The Bureau accomplishes this mission by investigating and monitoring business transactions of the applicant or licensee and related companies; conducting investigations of each officer, director, principal employee, financial backer or significant investor and examining the background of the casino company and its affiliated entities.
The Bureau's legal unit reports to the Casino Control Commission initially on a casino applicant regarding the results of its investigation and as mandated, thereafter, in conjunction with each casino licensee's renewal. In addition, the legal unit reports to and litigates before the Commission violations of the Act or regulations whenever necessary.
Within Casino Entity Licensing is the DGE's Office of Financial Investigations (OFI). It is the function of OFI to monitor and assess the financial stability and integrity of all Atlantic City casino licensees, license applicants and their respective holding companies. On behalf of the Division, OFI responds to petitions filed with the Casino Control Commission that relate to incentive plans, equity and debt offerings, options and credit and override agreements, up-streaming of cash, corporate spin-offs and casino expansions.
Casino License Related Filings
Q: How/where should casino licensing filings be submitted?
A: Applications for casino licensure (mainly comprised of business entity, multi jurisdictional, personal history disclosure forms) and all related petitions
(e.g., interim casino authorization, statements of compliance, etc...) are to be filed with the Division along with the requisite fee. Such filings are to be made by delivering two (2) hard copies of the filing and a computer disk of same to the Division:
Division of Gaming Enforcement
1300 Atlantic Avenue
Atlantic City, New Jersey
Attn: Casino Licensing Filing
Q: How/where should notifications and filings related to corporate/entity changes and updated information (e.g., security holders, corporate governance documents, board and committee meeting minutes, appointments, promotions, resignations, terminations, title designations, etc...) be filed?
A: All such notifications and filings should be made through the Division's Intake Unit at the address listed above, following the protocol outlined above.
Q: How should securities-related filings be submitted?
A: Pursuant to N.J.A.C. 13:69C-8.6, casino licensees and casino license applicants, as well as their holding companies, intermediary companies, qualifying subsidiaries and entity qualifiers, must provide copies of all filings submitted to Federal and state regulatory authorities regarding any securities, either in existence or proposed. Those filings include annual reports prepared on Form 10K, any interim reports, registration statements and any proxy or information statements filed with the Securities Exchange Commission. As of January 1, 2012, those filings may be submitted electronically to the following email address: firstname.lastname@example.org