Indiana § 4-35-5-2.4 - Factors considered in granting licenses
Full text of Indiana Indiana Code § 4-35-5-2.4 — Factors considered in granting licenses, with citation guidance and answers to common questions.
§ 4-35-5-2.4. Factors considered in granting licenses
Sec. 2.4. In determining whether to grant a license under this chapter to an applicant, the commission shall consider the following:
(1) The character, reputation, experience, and financial integrity of the following:
(A) The applicant.
(B) A person that:
(i) directly or indirectly controls the applicant; or
(ii) is directly or indirectly controlled by the applicant or by a person that directly or indirectly controls the applicant.
(2) The facilities or proposed facilities for the conduct of gambling games. The facilities or proposed facilities must include capital expenditures of at least one hundred million dollars ($100,000,000).
(3) The prospective total revenue to be collected by the state from the conduct of gambling games.
(4) The good faith affirmative action plan of each applicant to recruit, train, and upgrade minorities in all employment classifications.
(5) The financial ability of the applicant to purchase and maintain adequate liability and casualty insurance.
(6) If the applicant has adequate capitalization to provide and maintain facilities for gambling games for the duration of the license.
(7) The extent to which the applicant exceeds or meets other standards adopted by the commission.
As added by P.L.233-2007, SEC.21.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-35-5-2.4
What does Indiana Code § 4-35-5-2.4 cover?
Section 4-35-5-2.4 ("Factors considered in granting licenses") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 4-35-5-2.4?
A common citation format is "Indiana Code § 4-35-5-2.4" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 4-35-5-2.4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.