February 3, 2006

The legality of charitable gambling

Filed under: Casino — Nelly Summers @ 1:01 pm

Most states are happy to allow charities to host gambling events. Like anything else in life though, there are some exceptions to this rule, but as a whole non-profit organizations will have no problem hosting a “Monte Carlo” night in a state where gambling is otherwise forbidden by law.
This doesn’t mean that a group of guys can get together and legally gamble if they pledge to donate 10% of the pot to their local Nazarene Church or homeless shelter. For a organization to be considered nonprofit, they must have the proper “tax exempt” paperwork filed with the IRS.
Here are is a list of groups that are generally allowed to host charitable gambling events:
• Schools
• Churches
• Youth Groups
• Civic or Service Clubs
The charitable events these folks hold come in a wide variety of forms. Here are some of the more common forms of charitable gambling:
• Raffles – Contests in which people buy tickets for a chance at a prize that is determined by a random drawing at a time, date, and place that is listed on the ticket
• Bazaars – Fair like events in which participants pay money for the chance to win certain cash or merchandise awards from games of chance – Some of the types of games that are often present at bazaars include dime pitches, “knock a block”, and sometimes spinning wheel games
• “Casino Nights” – fundraisers where participants pay money for the chance to win something of value in typical casino games such as blackjack, poker, or roulette
• Bingo

Nelly
www.casinos-123.com

1 Comment »

  1. Gambling in different states

    I think should be one federal law and all the states should follow it

    Trackback by Play Poker Blog — February 28, 2006 @ 3:33 pm

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