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National Indian Gaming Commission to Modify Bingo Machine Regulations?

This summer, the U.S. National Indian Gaming Commission will hold a series of conferences to debate various suggested modifications of gaming classifications, including the status and standards of bingo machines. The reason behind these planned meetings is the commission's determination to clarify the difference between Class II and Class III gaming machines. Indeed, the bingo-like electronic devices currently fall under the "Class II" machine category. This means that they are not subject to state regulation and taxation.

If the commission is ultimately successful in achieving its aforementioned objective, the electronic imitations of bingo would no longer be considered as authorized Class II games under the Indian Regulatory Act. Such a grandiose change is likely to imply significant changes for Indian tribes whose contract with their hosting state allows them to operate only Class II machines and whose gaming revenues depend mostly on those bingo devices.

Source: Dot-Bingo News Writer

Saturday, 10 June 2006

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