Indiana Boxing and MMA Promoter Bond Overview
- Purpose: To guarantee that Indiana combative sports promoters uphold state regulations
- Who Needs It: Anyone organizing professional or pro-am combat events in Indiana
- Regulating Body: The Indiana Gaming Commission
- Bond Amount: $10,000
- Minimum Price: $100, credit-based
What Is an Indiana Boxing and MMA Promoter Bond?
An Indiana boxing and MMA promoter bond ensures that promoters comply with state law and pay event staff.
To promote professional or pro-am events, you need to be licensed and bonded with the Indiana Gaming Commission.
How Much Do MMA Promoter Bonds Cost in Indiana?
Indiana MMA promoter bonds start at just $100, or 1% of the bond amount. Most applicants pay $100–$400 for the required $10,000 coverage.
We’ll run a quick credit check to determine your exact rate. Apply for a free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does an Indiana Promoter Bond Work?
An Indiana boxing and MMA promoter bond forms a legal contract between these three parties.
| Bond Party | Description |
|---|---|
| Principal | The promoter purchasing the bond |
| Obligee | The Indiana Gaming Commission requiring the bond |
| Surety | The issuing surety provider |
This bond holds you financially responsible for following Indiana Code Chapter 4-33-22, including:
- Getting a permit before each event
- Ensuring contestants and officials are properly licensed.
- Providing the required medical staff and safety measures
- Keeping accurate financial records
If you violate these laws, harmed parties can file claims to recover any losses. The surety will validate and pay claims up to the full $10,000 bond amount. However, you’re responsible for repaying the surety.
How Do I Get a Promoter Bond in Indiana?
You can start the bonding process right now! Just submit the quote request form, and we’ll send your personalized invoice within one business day. At checkout, you can select from next-day, two-day or three-day shipping. Rates range from $20–$40.
How Do I Renew My Bond?
Indiana combative sports promoter bonds expire annually. We’ll send you periodic reminders starting 90 days before renewal. Once you pay the attached invoice, you’ll receive a continuation certificate. Be sure to file this form with the Commission to extend your coverage for another year.
Can I Make Changes to My Bond?
If your name or address changes, you can typically update your bond form by contacting your surety company. Email [email protected] with the new information, and we’ll issue a bond rider if possible.
How to Become a Boxing and MMA Promoter in Indiana
To apply to become a combative sports promoter, email the following materials to [email protected]:
- Application form for your specific license type
- A valid form of ID (driver’s license, passport)
- Photos of all owners
- $10,000 surety bond
- FBI criminal background check
Then, pay the $300 fee on the online portal.
Promoter licenses expire annually on September 30. The renewal fee is $300.
How Much Do Indiana Boxing Promoters Make?
Since boxing promoters don’t earn a flat salary, their actual take-home income varies greatly by event size and revenue. According to ZipRecruiter, the average boxing promoter in the U.S. earns $45,967 annually.
As a promoter, you’ll need to factor in the costs of paying event fees, officials, medical staff and security. You can view the Indiana event permit fees here, which are determined by venue capacity.
