If you operate a Par-Mutuel Wagering establishment, the Florida Division of Par-Mutuel Wagering to execute a Florida Pari-Mutuel Wagering Surety Bond in the amount of $50,000 to ensure compliance with Chapter 550 of the Florida Statutes and Chapters 61D-2 through 10 of the Florida Administrative Code.
Bonds Express offers a Florida Pari-Mutuel Wagering Surety Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Florida Pari-Mutuel Wagering Surety Bond holds you accountable for your business decisions.
By possessing a Florida Pari-Mutuel Wagering Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.