Current through Register Vol. 22-07, April 1, 2022
Before operating under shared management and facilities,
bingo licensees must meet the following requirements:
(1) No more than three bingo licensees may
share a facility.
must send us a written notification of the intent to share facilities at least
thirty days before operating in a shared facility. The notification must
include, at least:
(a) The name of the lead
organization and lead manager; and
(b) Name of all organizations sharing the
(c) Names and
signatures of the highest ranking officer for each organization involved;
(d) Copies of any written
agreements between organizations; and
(e) The method for sharing the gross gambling
receipts, net income, expenses, and prizes among the licensees.
(3) All managers of the bingo operation must
be full and regular members or employees of at least one of the participating
gambling managers must not participate in the operation of bingo games at more
than one bingo facility.
(5) The lead organization must maintain the
records clearly disclosing the amount of money the bingo operation received and
expended. Expense records must make known the purposes for which the
organization spent money.
lead organization must establish and maintain a separate bank account to which
it will deposit all proceeds from the bingo operation and from which it will
pay all of the expenses in connection with the bingo operation, including at
least, all payments of prizes.
Each licensee must keep records of gambling proceeds received from the bingo
operation and the use of those proceeds towards the stated purpose of the
(8) Each licensee
must complete a separate quarterly activity report according to the percentage
of gambling receipts and expenses it is responsible for under the terms of the
written contract between the licensees.