Nevada § 463.014645 - “Covered person” defined

§ 463.014645. “Covered person” defined

1. “ Covered person ” means any person who: (a) Has at any time owned, in whole or in significant part, an interactive gaming

facility or an entity operating an interactive gaming facility that after December

31, 2006, knowingly and intentionally operated interactive gaming that involved patrons

located in the United States, unless and to the extent such activity was licensed

at all times by a state or the Federal Government; (b) After December 31, 2006, acted, or proposed to act, on behalf of a person described

in paragraph (a) and knowingly and intentionally provided, or proposed to provide,

to such person any services as an interactive gaming service provider, with knowledge

that the interactive gaming facility's operation of interactive gaming involved patrons

located in the United States; or (c) Purchased or acquired, directly or indirectly: (1) In whole or in significant part, a person described in paragraph (a) or (b);

or (2) Any covered assets, in whole or in part, of such person. 2. As used in this section: (a) “Interactive gaming service provider” has the meaning ascribed to it in NRS 463.677 . (b) “ Significant part ” means with respect to ownership, purchase or acquisition of an entity, interactive

gaming facility or person, holding 5 percent or more of the entity, interactive gaming

facility or person, or any amount of ownership that provides control over the entity,

interactive gaming facility or person.