Learn Ohio's rules for charitable bingo games, including equipment, use of receipts, and profit restrictions under ORC 2915.09.
Ohio law Section 2915.09 regulates the conduct of bingo games by charitable organizations, requiring proper equipment ownership, appropriate use of gross receipts, and restrictions on profit transfer. It emphasizes responsible management and limits on expenses and profit distribution to ensure compliance. The law aims to promote lawful and ethical bingo operations within Ohio.
The organization must own all equipment used or lease it from a licensed organization or premises landlord at a reasonable rate.
Gross receipts can be used for paying prizes, expenses, rent, supplies, security, advertising, and other authorized expenses, but only within reasonable limits.
Yes, all net profits from bingo, excluding instant bingo, must be used for specific charitable purposes and cannot be transferred for personal gain.
Yes, expenses such as prizes, rent, supplies, and advertising can be deducted, provided they are reasonable and customary for similar purchases or services.
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In simple terms: Learn Ohio's rules for charitable bingo games, including equipment, use of receipts, and profit restrictions under ORC 2915.09.. This means people must follow this rule, and breaking it can lead to criminal penalties.