Restriction on Certain Agreements, etc

10 CMC § 25131 — under Casino Gambling.

10 CMC § 25131

TITLE 10: LOCAL LAWS DIVISION 2: SECOND SENATORIAL DISTRICT (TINIAN, ETC.)

§ 25131. Restriction on Certain Agreements, etc. (a) Casino leases referred to in 10 CMC § 2537, casino management agreements referred to in 10 CMC § 2538, slot machine manufacturer enterprise referred to in 10 CMC § 2574 and licensed junket enterprises referred to in 10 CMC § 2575 are not subject to the provisions of this section. (b) None of them: (1) a casino licensee; (2) a casino operator under a casino management agreement shall, unless the approval in writing of the Commission is first had and obtained, enter into or be a party to any lease, contract, agreement or arrangements, written or unwritten, with any other person for such person to lease, let, lend or otherwise provide any thing or to furnish any service in return for: (i) any direct or indirect interest in or percentage or share of moneys gambled at the casino; or (ii) any direct or indirect interest in or percentage or share of the revenues, profits or earnings from or of the casino. (c) If the Commission considers that it is desirable or appropriate to do so in any particular case, the Commission may, upon application made to it in that behalf, approve in writing a lease, contract, agreement or arrangement referred to in subsection (b) of this section. Source: TLL 21-9, § 4 (§ 25131) (Mar. 30, 2020).