99F.5 License to conduct gambling games on excursion gambling boats and at gambling structures — license to operate boat — applications — operating agreements — fee.
1. A qualified sponsoring organization may apply to the commission for a license to conduct gambling games on an excursion gambling boat or gambling structure as provided in this chapter. A person may apply to the commission for a license to operate an excursion gambling boat. An operating agreement entered into on or after May 6, 2004, between a qualified sponsoring organization and an operator of an excursion gambling boat or gambling structure shall provide for a minimum distribution by the qualified sponsoring organization for educational, civic, public, charitable, patriotic, or religious uses as defined in section 99B.1, that averages at least three percent of the adjusted gross receipts for each license year and, if applicable, three-quarters of one percent of sports wagering net receipts for each license year. The application shall be filed with the administrator of the commission at least ninety days before the first day of the next excursion season as determined by the commission, shall identify the excursion gambling boat upon which gambling games will be authorized, shall specify the exact location where the excursion gambling boat will be docked, and shall be in a form and contain information as the commission prescribes. The minimum capacity of an excursion gambling boat or gambling structure is two hundred fifty persons.
2. The annual license fee to operate an excursion gambling boat shall be based on the passenger-carrying capacity including crew, for which the excursion gambling boat is registered. For a gambling structure, the annual license fee shall be based on the capacity of the gambling structure. The annual fee shall be five dollars per person capacity.
89 Acts, ch 67, §5; 94 Acts, ch 1021, §14; 2004 Acts, ch 1136, §39, 65; 2007 Acts, ch 188, §10; 2015 Acts, ch 99, §51; 2019 Acts, ch 132, §8, 22, 23
Referred to in §99F.4A
Structure Iowa Code
Title III - PUBLIC SERVICES AND REGULATION
Chapter 99F - GAMBLING GAMES AND SPORTS WAGERING REGULATION
Section 99F.2 - Scope of provisions.
Section 99F.3 - Gambling games and sports wagering authorized.
Section 99F.4A - Gambling games at pari-mutuel racetracks — fees and taxes.
Section 99F.4C - Gambling games prohibition area.
Section 99F.4D - Gambling games at gambling structures — requirements — licensing.
Section 99F.6 - Requirements of applicant — fee — penalty.
Section 99F.7 - Licenses — terms and conditions — revocation.
Section 99F.7A - Sports wagering — license — terms and conditions — fees.
Section 99F.8 - Bond of licensee.
Section 99F.9 - Wagering — advance deposit sports wagering — age restrictions.
Section 99F.10 - Regulatory fee — local fees — initial license fee.
Section 99F.11 - Gambling games and sports wagering taxes — rate — allocations.
Section 99F.12 - Licensees — records — reports — supervision — confidentiality.
Section 99F.13 - Annual audit of licensee operations.
Section 99F.14 - Annual report of commission.
Section 99F.15 - Prohibited activities — penalties.
Section 99F.16 - Forfeiture of property.
Section 99F.17 - Distributors and manufacturers — licenses.
Section 99F.17A - Inspection of gambling games or implements of gambling.