Minnesota gambling manager bonds.
$100 flat.
A Minnesota lawful-gambling gambling manager must maintain a fixed $10,000 fidelity (dishonesty) bond in favor of the organization under Minn. Stat. 349.167 — ours is $100 flat, set by our carrier’s rate book for this bond. The bond issues the moment you pay — no credit check.
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How much does a Minnesota gambling manager bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
Fidelity bonds like this are the simplest thing in surety. Here’s the entire process:
Apply online
Your details, the organization, and an effective date. That is the application. No credit check.
Pay & e-sign
Fixed-amount fidelity bonds like this are among the bond types that issue right after purchase.
File with your organization
Your executed bond arrives by email, in favor of the organization, ready for your gambling manager license file. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Minnesota requires every organization conducting lawful gambling to designate a gambling manager, licensed by the Gambling Control Board under Minn. Stat. 349.167. The manager must maintain a $10,000 fidelity (dishonesty) bond in favor of the organization, conditioned on the faithful performance of the manager’s duties.
Unlike most license bonds, the obligee is the organization itself, not the state — the bond protects the charitable organization’s gambling funds against dishonesty by the manager handling them. The bond terms must provide that written notice be given to the Board at least 30 days before cancellation.
It is not insurance for the manager — if the surety pays a claim, the manager repays the surety. Managers who handle the organization’s funds honestly treat the bond as a licensing formality, not a risk.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with your organization. Your executed bond arrives by email, in favor of the organization, ready for your gambling manager license file. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other Minnesota bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your manager license today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.