The Texas Department of Licensing and Regulation oversee the licensing of Combative Sports Promoters. Combative Sports includes boxing, kick boxing, shoot wrestling/fighting, pankration wrestling/fighting and mixed martial arts.
A promoter is a person who produces, arranges, advertises, conducts or states a combative sports event.
Responsibilities of a Promoter Include:
Promoter applicants must complete the application and disclosures, and pay the applicable license fee.
Applicants must agree to an interview by the Combative Sport staff at the Austin Department of Licensing and Regulation prior to a license being issued.
Applicants will need to purchase two required surety bonds:
Obtain a Combative Sports Bond For Gross Receipts Tax Bond is a $15,000. This surety bond guarantees payment of gross tax receipt taxes owed for promoted events.
Obtain a Combative Sports Promoter Bond a $15,000 surety bond that guarantees payment of all obligations, except gross receipt taxes.
The premium that you pay for a Texas Combative Sports Promoter Bond and A Combative Sports Bond for Gross Receipts Tax is dependent on credit.
That sports promoter applicants must be current on any student loans that may be reported on their credit, or a repayment agreement must be in place before a license will be issued.
Contact our Surety Bond Specialists at:
Hours: 8:00-5:00 CST, Monday through Friday