California Law Business And Professions Code Division 8 Chapter 5 Article 4 Section 19853
(a) The commission, by regulation or order, may require that
the following persons register with the commission, apply for a
finding of suitability as defined in subdivision (i) of Section
19805, or apply for a gambling license:
(1) Any person who furnishes any services or any property to a
gambling enterprise under any arrangement whereby that person
receives payments based on earnings, profits, or receipts from
(2) Any person who owns an interest in the premises of a licensed
gambling establishment or in real property used by a licensed
(3) Any person who does business on the premises of a licensed
(4) Any person who is an independent agent of, or does business
with, a gambling enterprise as a ticket purveyor, a tour operator,
the operator of a bus program, or the operator of any other type of
travel program or promotion operated with respect to a licensed
(5) Any person who provides any goods or services to a gambling
enterprise for compensation that the commission finds to be grossly
disproportionate to the value of the goods or services provided.
(6) Every person who, in the judgment of the commission, has the
power to exercise a significant influence over the gambling
(b) The department may conduct any investigation it deems
necessary to determine whether a publicly traded corporation is, or
has, engaged in activities specified in paragraph (2), (3), or (4) of
subdivision (a), and shall report its findings to the commission. If
a publicly traded corporation is engaged in activities described in
paragraph (2), (3), or (4) of subdivision (a), the commission may
require the corporation and the following other persons to apply for
and obtain a license or finding of suitability:
(1) Any officer or director.
(2) Any owner, other than an institutional investor, of 5 percent
or more of the outstanding shares of the corporation.
Last Update: 10/10/2011
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