Gaming Shared Conduct Agreement
Agreements for Shared Conduct of Gaming Business
1.1 Gaming operators are increasingly finding it more beneficial to enter into a shared conduct agreement with other parties who provide ancillary services to gaming. The parties undertake to conduct their business together by being responsible for specific activities in the provision of gaming services. The Lotteries and Gaming Authority (‘Authority’) is aware of these developments and realizes the need for such arrangements. However the Authority must ensure that the same arrangements are not done at the expense effective regulatory governance. In this respect a new set of license conditions are being introduced for licensees entering into such agreements.
2 Effective Date
2.1 The Lotteries and Gaming Authority is notifying its licensees that, effective from 1st January 2008, a new set of conditions (thereon referred to as ‘the conditions’ ) are being added to the license relating specifically to this type of agreements (Agreements for the Shared Conduct of a Gaming Business – ASCRGB).
3 Applicability
3.1 The conditions shall be directed to all types of licensees who are issued a license under the Lotteries and Other Games Act, (thereon referred to as ‘the Act’) provided that such licensees are prohibited from entering into such agreements by the Act or their existing License.
3.2 Licensees (thereon referred to as ‘’Applicant’) who wish to include these conditions must apply for the approval of the Authority to the proposed ASCRGB immediately. On the other hand, those licensees who do not intend to enter into such agreements will not be affected by the imposition of the new conditions and may not need to apply.
3.3 Licensees who are already a party to such an Agreement prior to the issue of this notice shall be allowed until end of March 2008 to comply to comply to the new conditions. During such period the licensees may still tender their representations in regard to the conditions imposed and the Authority’s final decision shall be reached only after considering such representations.
4 Right of Recourse
4.1 An Applicant may request the Authority to supply a draft copy of the new conditions being imposed. These conditions may vary form licensee to licensee depending on the type of license and nature of ASCRGB.
4.2 Those licensees who have an objection to the new conditions being imposed may tender their representations within twenty-one days from the date of the issue of the notice. The Authority shall consider all such representations before coming to its decision. The decision reached by the LGA will be final.
5 Application Procedure
5.1 To apply for an ASCRGB an applicant must submit an application which is available from the LGA website. A minimum processing fee of €1000 shall apply, but the
applicant may be requested to pay additional charges related to the processing of the application.
5.2 For the processing of an application of an ASCRGB the Authority requires information pertaining the proposed party (PP) with whom such an agreement is to be entered into. The following is a list of information required regarding the PP:
5.2.1 Where the PP is a company, its Memorandum and Articles of Association;