This bond is required for organizations that want to legally operate bingo games in Texas. If you're planning to run bingo events, you must get this bond before the Texas Department of Licensing and Regulation will issue your license. The bond amount varies depending on your situation. It acts as a financial guarantee…
Overview
What it is.
This bond is required for organizations that want to legally operate bingo games in Texas. If you're planning to run bingo events, you must get this bond before the Texas Department of Licensing and Regulation will issue your license. The bond amount varies depending on your situation. It acts as a financial guarantee…
Who usually needs it
Licensed authorized organizations and bingo conductors in Texas that conduct charitable bingo games must obtain this bond. This includes organizations applying for annual and temporary licenses to conduct bingo, commercial licenses to lease bingo premises, distributor's licenses, system service provider's licenses, and unit manager's licenses under the Bing…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateTXBond amountVaries by license type or projectObligeeTexas Department of Licensing and RegulationBond classLicense BondCategoryOtherBondSurety Bond for License to Conduct BingoPlain descriptionThis bond is required for organizations that want to legally operate bingo games in Texas. If you're planning to run bingo events, you must get this bond before the Texas Department of Licensing and Regulation will issu…Who needs this bondLicensed authorized organizations and bingo conductors in Texas that conduct charitable bingo games must obtain this bond. This includes organizations applying for annual and temporary licenses to conduct bingo, commerc…
