Wyoming Combat Sports Promoter Bond Guide
If you’re applying for a promoter's license in Wyoming, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure promoters of combative sporting events meet license and contract obligations
- Who Needs It: MMA, boxing and other combative sports promoters
- Regulating Body: The Wyoming Combat Sports Commission
- Required Coverage: $10,000 or total estimated event expenses
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Wyoming Combat Sports Promoter Bond?
A Wyoming combat sports promoter bond ensures MMA and combative sporting event promoters meet their payment and performance obligations.
To receive a promoter license, you’ll need a surety bond for $10,000 or the total expense of the event, whichever is greater.
How Much Do Combat Sports Promoter Bonds Cost in Wyoming?
Wyoming combat sports promoter bonds typically cost $100–$1,000 for the $10,000 coverage. Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Combat Sports Promoter Bond?
The Wyoming Combat Sports Commission requires this bond as part of the licensing process for combative sporting event promoters in the state.
By filing surety bonds, promoters promise to pay all fees owed to the state and participants as well as to uphold all license regulations.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Wyoming combat sports promoter bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file the bond with the Wyoming Combat Sports Commission as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Wyoming Combat Sports Promoter Bond Work?
As with all surety bonds, a combat sports promoter bond creates a legal contract between three parties:
- Principal: You, the combative sporting event promoter filing the bond
- Obligee: The Wyoming Combat Sports Commission requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Wyoming Statutes § 33-48.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your combat sports promoter bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.