Updates

6/4/10 Small Games of Chance; Expanding Small Games Rights. The House Gaming Oversight Committee has held a public meeting regarding House Bill 2379 which would increase daily prize limits from $500 to $1,000 and weekly prize limits from $5,000 to $20,000. The bill would also give licensed liquor establishments the ability to conduct small games of chance with the requirement that they donate 20 percent of their weekly small games revenue to a charitable organization while another 30 percent will go to the state in a pension stabilization reserve fund. Presently, nonprofits will remain untaxed on small games revenue but those who oppose the bill fear that if the state becomes dependent on revenue brought in through small games at liquor establishments, nonprofit small games taxation will follow.