Category 4 'Ancillary' Licenses
- Successive competitive bidding for up to 10 locations
- The Board will conduct separate auctions for each of the 10 licenses
- Minimum bid: $ 7.5 million
- Initial rounds will be open to Category 1 and 2 licensees (only 1 per licensee in first round)
- Initial auctions occur between January 15 and July 31, 2018
- If all 10 licenses are not awarded during the initial round of auctions, the Board may allow Category 1, 2, and 3 or other qualified entities to bid
- A non-licensee winning bidder is subject to a $10,000 fee per slot machine
- Winning bidders are entitled to select an exclusive location with a 15-mile radius
- Category 4 facility may not be located within 25-mile radius of an existing casino (unless winning bidder owns the existing casino)
- Category 4 licensees may operate 300 to 750 slots (from existing authorization)
- A Category 4 licensee may petition for a table game certificate to operate up to 30 table games (expandable to 40 after 1 year)
- Table game certificate fee: $2.5 million
- Tax rate:
- Slots: 50% tax + 4% LSA
- Table games: 12% tax + 2% LSA
- Municipalities may opt out by December 31, 2017
(source)
