§ 42-128. Electronic video bingo.

(a)

Any organization licensed to conduct bingo games under this article may apply to conduct electronic video bingo at its bingo games provided that all requirements of this article not in conflict with the provisions of this section are met.

(b)

Any electronic bingo machine used in the conduct of electronic video bingo shall be subject to the following requirements and restrictions concerning its operation and use:

(1)

The cost of each game play shall be not less than $0.25 nor more than $1.00.

(2)

Payout shall be not less than 80 percent and not more than 90 percent of the total amount wagered.

(3)

The maximum prize awarded shall be not more than $1,000.00.

(4)

The machine shall dispense only tickets verified as valid, indicating the prize amount. No machine shall dispense cash.

(5)

The machine shall allow only a linear based payout in which the amount of the payout follows a straight line progression in direct proportion to the amount wagered.

(6)

The machine shall allow the player a choice of cards on which to play and must show a "BINGO" at the end of play.

(7)

The machine shall provide for an electronic readout giving, at a minimum, a summary of total wagers, total plays, total payout, and the current prize allotment since the last date of summary or the last date of reset of the machine.

(c)

Only cash prizes may be awarded to winners of games on electronic video machines.

(d)

Bingo licensees may lease electronic video bingo machines provided that no lease agreement shall authorize the lessor to receive a percentage of the receipts from the machine.

(e)

At least 45 percent of the net win from the machine must be paid to the licensee leasing the machine. The term "net win" means the total gross receipts of the machine reduced only by the actual prizes paid.

(f)

In addition to the requirements of this section, all bingo licensees using electronic video bingo machines and all manufacturers, distributors, suppliers or lessors of electronic video bingo machines are subject to the rules, regulations, and licensing requirements of the state.

(g)

Lessors licensed by the state to lease electronic video bingo machines shall submit to the department of finance duplicate copies of all documents and reports submitted to the state regarding machines leased for play in the city.

(h)

Lessors licensed by the state to lease electronic video bingo machines shall submit a sworn affidavit to the department of finance stating they are familiar with and shall comply with the provisions of this article.

(i)

Organizations licensed to conduct games of chance in the city which purchase electronic video bingo machines shall comply with all provisions of this section.

(j)

Compensation to a licensed bingo lessor for allowing video bingo machines to be used on its premises may be paid only by the actual owner of the machines. Any such compensation paid by a licensed charitable organization which owns machines may not exceed a reasonable amount established by rules of the department of finance which have been approved by resolution of the council.

(Code 1956, § 14-59.1)

State law reference

Use of electronic or video bingo games, R.S. 33:4861.17.