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 review of any kind, not even a soft pull.
















Fidelity bonds like this are the simplest thing in surety. Here’s the entire process:
Your details, the organization, and an effective date. That’s the application — no financials, no credit section.
Fixed-amount fidelity bonds like this are among the bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, in favor of the organization, ready for your gambling manager license file. Wet-ink original mailed on request.
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.
These are the actual issuing fields — no credit section, because this bond doesn’t have one.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.