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Surety Bond for License to Conduct Bingo

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…

Bond amountVaries by license type or project
State or jurisdictionTexas
ObligeeTexas Department of Licensing and Regulation

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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2323 yearsHelping clients and agents
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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Helpful guidance, a real agency team, and a clear path from research to application.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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