A Bingo License Surety Bond is a license and permit surety bond required by certain government jurisdictions. A bingo license applies to those who conduct, lease premises for, distribute materials for, manufacture materials for bingo games in that jurisdiction. Jurisdictions will typically exempt charitable organizations from obtaining a license and bond. The bond guarantees strict compliance by the licensee to the applicable rules and regulations for their bingo license as well as guarantees the consumer their fees paid to participate and that prizes will be awarded as advertised.
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