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Proposed Rule in Indiana Would Mandate Bingo Charity Cut

Indiana's Department of Revenue has launced efforts to reinstate a rule requiring charitable gaming operators to contribute 10 percent of gross earnings to charity. In 2003, such a rule was adopted, but never truly made it off the ground before a judge eliminated the rule after the state never submitted for fiscal analysis by the Legislative Services Agency.

Renewed interest in the proposed bill is getting a rise out of many bingo operators, who claim that enforcing such a rule would cripple them financially. They are requesting that the charity cut be taken out of net profits instead, claiming that with 75 percent of gross earnings being distributed in prizes, bingo operatives would not be able to muster the 10 percent of gross earnings to be required by the state after all other expenses are paid.

The new version of the rule was published in December, with a public hearing planned to be held in the coming months.


Source: Dot-Bingo News Writer

Wednesday, 2 February 2005



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