Home >> New York Bonds >> New York Games Of Chance Surety Bond
New York Games of Chance Surety Bond
Click Here For The Easy Online Application
If you plan to operate a Game of Chance in New York State, you will be required to obtain a New York State Games of Chance Surety Bond.
Bonds Express offers New York Games of Chance Surety Bonds with a 99% approval rate. You will be required to provide both business and personal financial statements, in addition to a signed application in order obtain a New York Games of Chance Surety Bond. For large bond amounts. there will be other prerequisites that will need to be considered for bond approval.
Typically, the New York State Games of Chance Surety Bond will be based upon the value of the prize being offered.
For further information about the New York State laws regarding Games of Chance, we recommend that you refer to the New York State Code Part 132: Use of Games of Chance in Selling Commodities.
A Games of Chance Surety Bond ensures that those who purchase tickets for and win games of chance in the State of New York will be compensated for their entire winnings when the seller of the winning ticket cannot or will not pay. The amount of the surety bond must equal the total amount of the prizes offered.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. New York Games of Chance Surety Bond holds you accountable for your business decisions.
By possessing a New York Games of Chance Surety Bond, you are telling your Obligee
that you can be trusted as a Principal and that you stand behind your
business decisions.
Our Free 24 Hour Quote Procedure
How to cut down the approval process and keep your cost low:
1. Our applications are all that's usually needed to get you a price.
2. Occasionally, more information is needed. If so, we will contact you within 24 hours.
3. If you have credit issues, approvals might need an additional day.
4. We never require an application fee. All quotes are 100% free.
5. Bond approvals, like loans, are based on personal credit, financial strength of the owner, bond amount and type of bond. The more information you provide, the better chance you have of getting the lowest available price and a faster approval.
Complete our fast and easy online application by clicking the link below. Most will receive a free quote for an New York Games of Chance Surety Bond within 24 hours.
Click Here For The Easy Online Application
