Connecticut General Statutes 12-561 – Conflict of interest
No commissioner or unit head or employee of the department shall directly or indirectly, individually or as a member of a partnership or as a shareholder of a corporation, have any interest whatsoever in dealing in any lottery, racing, fronton, or betting enterprise or casino gaming facility or in the ownership or leasing of any property or premises used by or for any lottery, racing, fronton, or betting enterprise or casino gaming facility. For purposes of this section, an interest does not include ownership of investment securities in a publicly held corporation that is traded on a national exchange or over-the-counter market, provided the investment securities held by such person and such person’s spouse, parent and child, in the aggregate, do not exceed one-half of one per cent of the total number of shares issued by such corporation. No commissioner or unit head shall, directly or indirectly, (1) wager at any off-track betting facility, race track or fronton authorized under this chapter, (2) purchase lottery tickets issued under this chapter, (3) play any authorized game conducted at a casino gaming facility, (4) place a sports wager, as defined in § 12-850, or (5) participate in online casino gaming, as defined in § 12-850. The commissioner may adopt regulations in accordance with the provisions of chapter 54 to prohibit any employee of the department from engaging, directly or indirectly, in any form of legalized gambling activity in which such employee is involved because of his or her employment with the department. For purposes of this section, “unit head” means a managerial employee with direct oversight of a legalized gambling activity.
Terms Used In Connecticut General Statutes 12-561
- Authorized game: means any game of chance specifically authorized to be conducted at a casino gaming facility by any provision of the general statutes or a public or special act. See Connecticut General Statutes 12-557b
- Casino gaming facility: means any casino gaming facility authorized by any provision of the general statutes or a public or special act to conduct authorized games on its premises, but does not include any casino gaming facility located on Indian lands pursuant to the Indian Gaming Regulatory Act, P. See Connecticut General Statutes 12-557b
- Commissioner: means the Commissioner of Consumer Protection. See Connecticut General Statutes 12-557b
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: means the Department of Consumer Protection. See Connecticut General Statutes 12-557b
- Oversight: Committee review of the activities of a Federal agency or program.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: means any individual, partnership, company, limited liability company, public or private corporation, society, association, trustee, executor, administrator or other fiduciary or custodian. See Connecticut General Statutes 12-1