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DIGEST OF SB240 (Updated February 5, 2002 4:10 PM - DI 84)
Riverboat ownership. Removes the prohibition on a riverboat owner from owning more than a 10% interest in another riverboat. Permits a person to own up to a 100% interest in not more than two riverboats. Provides that a person may not have an ownership interest in more than two riverboat owner's licenses. Specifies that a person is considered to have an ownership interest in a riverboat owner's license if the interest is owned directly or indirectly by the person or by an entity controlled by the person. Makes a technical correction.
