Regular License (Gaming Law) Law and Legal Definition

Regular license is referred to license issued by a gaming authority to conduct any gaming operation. It will be granted for a particular period and will be valid for such period.

Following is an example of a state statute [Tex. Occ. Code � 2001.002 (25-a) (Texas)] defining the term Regular license :

"Regular License" means a license to conduct bingo that is issued by the commission and that expires on the first or second anniversary of the date of issuance unless revoked or suspended before that date by the commission. The term includes an annual license.