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<br />., ."" \~~~ <br /> ~~~ <br />. koGL~ (1,1 <br /> 1',,0 <br />" \ <br />(,,~\P <br />( <br /> Litt!e Canada Bingo <br /> , <br /> 1. Operational procedures appear to be in accord with State statutes <br /> except for the method of advertising their possib!e "many" $1,000.00 games. <br /> 2. Invo!vement of Yanagers, Sponsors and Operators <br /> A. Bingo is to be run as a non-profit operation with all proceeds <br /> going to charity except reasonab!e expenses. <br /> B. Commercialization (bingo for profit) is against the State statutes. <br /> C. Gross profits cannot be used to advertize or to provide a return on <br /> an investmentl <br /> D. Administrative costs cannot be used to funnel money back to investors. <br />------ <br />. E. The !essor cannot be involved in the integrity of operations of <br /> charitab!e gambling. Advertising by the lessor or a holding company <br /> would invo!ve the integrity of charitable gambling. This will <br /> interfere with the organization's ability to donate proceeds to <br /> !awi'ul purpose. <br /> F. Who are the financial backers behind the operation in a personal- <br /> involvement way? <br /> Hegner? <br /> DeCarlo? <br /> Finnerty? <br /> Adams? <br /> Why are these peop!e invo!ved in Little Canada Charitab!e Bingo? <br /> 3. State Statute Requirements for Charitable Gambling <br /> A. Bingo I 50% charity, 10% tax, 40% allowed for expenses <br /> B. Pull tabs. 60% charity, 10% tax, 30% allowed for expenses <br />. <br />