TITLE 68 INDIANA GAMING COMMISSION

Economic Impact Statement

LSA Document #08-327

The Indiana Gaming Commission passed Resolution 2008-40 regarding junketeers on March 31, 2008. Before the emergency rule was passed, former administrative rule 68 IAC 2-2-1(c)(7) required junketeers to hold a supplier's license. Through research and due diligence, the Commission had been made aware that junketeer registration through supplier licensing was cumbersome and prohibitively expensive as compared to our sister jurisdictions. The effect was that no junketeers pursued licensing in Indiana.

Based on analysis of gaming trends and a regional revenue analysis completed by an Indiana casino licensee, the Indiana Gaming Commission staff predicts that zero small businesses could be affected by this rulemaking. The Commission is unaware of a junket operator who fits the definition of "small businesses" according to IC 4-22-2.1-4.

Commission staff estimates $0 total annual economic impact that compliance will have on small businesses subject to the rule.

No less intrusive or less costly alternative would achieve the purpose of this proposed rule, especially considering the estimated $0 impact on small businesses.

Commission staff relied upon a regional revenue analysis completed by an Indiana casino licensee and at least seven calls received from junket operators wishing to register with the Commission in reaching the conclusions contained in this statement.

DIN: 20080625-IR-068080327EIA

Composed: Apr 28,2024 4:08:15PM EDT

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