License & Permit

Bingo License Bond

A bond some states require from bingo licensees, distributors, or hall operators to guarantee payment of bingo fees and taxes.

Required by

State gaming, lottery, or revenue agencies (for example, the Texas Lottery Commission)

Bond amount

Set by whoever requires the bond. We confirm it.

What this bond guarantees

The bond promises the state gaming or revenue agency that the licensee will pay the prize fees, taxes, or other amounts it owes under the state's bingo law. If the licensee fails to pay, the agency can claim on the bond. The licensee must repay the surety for any claim paid.

Who needs it

• Charitable organizations licensed to conduct bingo
• Bingo hall lessors and operators
• Bingo supply manufacturers and distributors

What the underwriter looks at

• Expected fees or taxes owed
• Organization's financial statements
• Compliance history

Requirements vary by state and by who asks for the bond. Send us the request you received and we will confirm exactly what it calls for.

Common questions