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Florida Pari-Mutuel Wagering Operators Surety Bond

Horses run on a racetrack

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The State of Florida Department of Business & Professional Regulation, Division of Pari-Mutuel Wagering, regulates the licensing of the industries horse racing, harness horse racing, greyhound racing, cardrooms and slot machines. It is also responsible for collecting revenues due to the state and compliance of industry standards.

Florida Chapters 550,551 and 849 provide details of the state regulations and licensing for pari-mutuel wagering and cardrooms.

Surety Bond and License Requirements:

  1. Complete application for individual and/or business occupational operator license and return with any other required documents.
  2. First time applicants must submit and pay for fingerprinting and every five years thereafter.
  3. Pari-Mutuel licenses are valid for a three-year term and expires on June 30.
  4. A $50,000 surety bond is required for this license.
  5. Pay applicable licensing fee.

How Much Will This Bond Cost?

The premium that you pay for a Florida Pari-Mutuel Wagering Surety Bond is dependent on credit and experience.

More Surety Bond Questions?

Check out our FAQ page. Should you need or choose to buy a surety bond, SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.

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