Summary of 5-step Licensing Process for a Racing Entertainment
Centre
The approval process for a REC consists of five steps:
Step one… An eligible applicant expresses formal interest to operate a proposed new REC in a community.
Step two… The Board of the AGLC will consider community support, or the lack thereof, as expressed through the municipal or band council and may conclude the process if in the Board’s view the council does not support the concept of a new REC facility in the community. If the council is silent and there is no demonstrated opposition to the concept of a new casino in the community, the Board at its discretion may decide to continue the application process
Step three… The AGLC will accept detailed
proposals from applicants who have expressed interest in the development
of a REC in the community under consideration. The proposals must
include a business plan and community impact statement.
Step four… A thorough investigation is conducted
by the AGLC into the proponents and other key persons associated
with the selected REC proposal.
Step five… If
all requirements for a REC are met (e.g. legislative, regulatory,
policy and municipal or local, including municipal or local zoning
and development requirements) the AGLC will issue a REC licence to
the successful applicant.
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