Racetrack operators must obtain a surety bond thanks to a new law. The new law is named HB 2271 and requires racetrack operators to acquire a bond in an amount that will be established by the Racing Commission. The bond will guarantee compliance with state law.
Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.