Who is the licensed owner of a casino or lottery terminal?

• A. Operator
• B. Retailer
• C. Manager
• D. Distributor

Answer: (B)

The key idea here is who regulators designate as the entity responsible for selling games to the public at a terminal. The licensed owner is the retailer because they are the business at the point of sale that directly conducts lottery transactions or casino terminal activity and bears regulatory accountability for those operations. The retailer holds the license to operate the terminal within the venue and to interact with players, ensuring compliance, auditing, and reporting requirements are met. The operator runs the venue but may not hold the terminal license itself; the distributor provides hardware and maintenance but isn’t the licensing holder; a manager is a role within the business, not the license owner. So the retailer is the correct choice because licensing for these terminals is tied to the retail entity that sells or facilitates the wagering at the point of sale.