Pennsylvania Gaming Control Board Category 2 Race Horse Gaming License Bond
Overview
Pennsylvania's Gaming Control Board requires Category 2 Race Horse Gaming licensees to post this surety bond before operating a slot machine facility at a licensed racetrack. It protects the Commonwealth and the public by guaranteeing the licensee complies with all applicable gaming laws, regulations, and financial obligations tied to their license. Failure to meet those obligations gives the Board a mechanism to collect against the bond. This is a mandatory condition of holding a Category 2 Race Horse Gaming License in Pennsylvania.
Who Needs This Bond?
If you are an entity that has applied for or holds a Pennsylvania Gaming Control Board Category 2 Race Horse Gaming License, this bond is required of you. Category 2 licenses authorize slot machine operations at existing licensed racetracks, and the Board mandates this bond as part of your licensing conditions. Racetrack operators and their ownership entities seeking Board approval must secure this bond before the license is granted or renewed. Without it, your license application will not move forward.
What is this Bond For?
This bond guarantees that the licensed Category 2 racetrack gaming operator will fulfill all duties imposed by the Pennsylvania Gaming Control Board — including regulatory compliance, financial obligations, and adherence to gaming law. If the licensee defaults on those obligations, the Board has the right to make a claim against the bond. The bond is not insurance for the operator; it is a financial assurance instrument protecting the state and the public it serves. It holds the principal accountable through a legally enforceable guarantee.
When is it Required?
Maintaining continuous bond coverage is critical — a lapse can jeopardize your active Category 2 license standing with the Pennsylvania Gaming Control Board. The bond must be in place at the time of initial license issuance and remain active throughout the life of the license. Any gap in coverage is a licensing compliance failure and should be treated as an urgent matter. Operators should monitor their bond's status closely to ensure there is no interruption tied to license renewal cycles.
Where Does it Apply?
This bond applies statewide in Pennsylvania and is governed by the Pennsylvania Gaming Control Board, which has jurisdiction over all licensed gaming facilities in the Commonwealth. It is specifically tied to the Category 2 Race Horse Gaming License classification, which covers slot operations at licensed racetracks. The bond obligation follows the licensee's operation wherever that license applies within Pennsylvania.
How to Buy Online
Click 'Buy This Bond Online' on this page and you will be taken directly into the secure surety portal in a new tab. Enter your business information, answer the bond-specific questions, and complete your purchase digitally — no phone calls or agent wait times required. Once approved, your bond documentation is delivered electronically so you can submit proof to the Pennsylvania Gaming Control Board without delay.
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