Casino is a building used for entertainment, social amusements, specifically one used for gaming activities such as roulette, poker etc. There are three (3) Casino licence categories:
– Category A (Hotel Casino)
– Category B (Hotel Premise Casino)
– Category C (Stand Alone Casino)

REQUIREMENTS FOR ALL CATEGORIES OF CASINO LICENCE
Applicants will be granted licence to carry out any form of Casino Business in Imo State upon the completion of the following requirements;

1. Letter of expression of interest

2. A non-refundable Application fee of N500,000 (Five Hundred Thousand Naira)

3. Evidence of the following Documents:
    – Certificate of incorporation
    – Memorandum and Article of Association
    – Detail of share capital as in (Form C02) with a minimum N20,000,000
    – Detail of directors (Form C07)
    – Address of registered Business Office(s)

4. General Business Structure:
    – Names and profile of key management staff and directors
    – Three years tax clearance certificate of all directors
    – Address of planned locations, branches and outlets. These must be lock-up shops; kiosks and mobile vendors are not allowed.
    – Description of operation and management structure.
    – Marketing and distribution plans.

5. Financial Structure:
    – Management account(s) of the organisation
    – Company’s Bank Statement for the last financial year
    – Three (3) year projection; statement of income, statement of financial position, tax obligations, operating expenses and third-party supplies
     – Capital Budgets and financial plans. i.e., source of finance, foreign investment and terms of investment (If Any)
     – Bank guarantee minimum of N20,000,000 (Twenty Million Naira)

6. Details of Casino operation:
    – Location of the Casino in Imo state
    – Proposed trade mark, brand name, Logo and colours
    – Type of machine games to be offered
    – Number of gaming machines to be deployed. Note that all machines must bear the applicant’s brand
    – Pay out structure
    – Code of engagements
    – Responsible gaming plans

7. Technical Structure:
    – Floor plan of the proposed Casino operation. This should include the layout of tables and slot machines
    – Details of table game manufacturers / suppliers
     – Details of gaming machine manufacturers / suppliers
    – Surveillance system that should include CCTV plan coverage for the gaming area and general gaming environment
    – Casino management system including:
        — Customer management
        — Record management
        — Capture of transactional information / gaming machine
    – System Architecture
    – Backup plan and business sustenance plan
    – Data protection and recovery plan
    – Accounting software

Note:
– Applicants are required to submit both hard and soft copy of their applications
– ISLGA requires a minimum of 14 working days to conduct due diligence on every application
– As part of the application process, the applicant will be required to make a presentation before ISLGA
– Where the applicant satisfactorily fulfils the pre-approval requirements, an Approval in Principle (AIP) will be granted for 90 days. The temporary licence shall be in use prior to a substantive licence is issued on fulfilment of ALL conditions enumerated in the AIP

8. Visit www.imolga.org to complete your registration online.