DC: Casino Regulations Act 2021

A
BILL
TO

create regulations on casinos operating in Redmont

The people of the Commonwealth of Redmont, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:

1 - Short Title and Enactment

(1) This Act may be cited as the “Casino Regulations Act”.
(2) This Act shall be enacted immediately upon its signage.
(3) This Bill was authored by Representative Icypenguin79.

2 - Reasons

(1) Casinos left unregulated can become complete scams.
(2) Towns and Cities should have autonomy and therefore will be allowed to have their own regulations on Casinos on top of the ones in this Act.

3 - General Provisions

[F1 (1) Any kind of gambling companies must publicly display the odds of winning on each machine via a sign. Odds being in the format Chance to win:Chance to lose (example 3:6 for a 3/9 chance to win).
(2) If a machine has the possibility to have its odds changed over time the gambling company owner and trusted members must be online to tend to it.
(3) Any kind of gambling company must be registered. Registration will be handled by the DEC. The registration will include the type of machines and trusted members to tend to the gambling company.
(4) With the registration the DEC will schedule the members of the auditing department to inspect the gambling company. This will be the only way a gambling company can and will get inspected.]

F1 Words in s3 substituted (17 July 2021) by the Gambling Companies Amendment Act, s3

4 - Punishments

(1) If a Casino is not displaying the odds in accordance to Section 3.1, they will be fined [F2 $1000] per offense.
(2) If a Casino displays fake odds, or the machine is determined a scam by the DEC in accordance with Section 3.2, they will be fined $2500 and all stolen funds will be returned.

F2 Words in s4 substituted (17 July 2021) by the Gambling Companies Amendment Act, s3(1)