Thursday, February 5, 2009

New Charity Bingo Laws

The California Gambling Control Commission has posted updated FAQs on implementation of the changes in charity bingo laws that took effect on January 1. The update clarifies that mitigation payments to nonprofits that are no longer allowed to operate eletronic bingo are NOT a loan and do NOT need to be repaid. Click here (PDF) to view the document.

SB 1369 was co-sponsored by CAN, which makes major changes in California law regarding charity bingo.

For further information, including forms and regulations, visit http://www.cgcc.ca.gov/bingo.asp