What is the handle?
Posted in on May 11, 2017
The handle is the gross sales generated by a gaming event.
Posted in on May 11, 2017
The handle is the gross sales generated by a gaming event.
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A door prize drawing is any drawing conducted at a regular meeting of the nonprofit organization where both the sale of tickets and the drawing occur, and the total value of all the prizes does not exceed $600.
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A “social game” is one in which all the money wagered is returned to the players in the form of prizes. The house cannot take a “cut” or percentage of the money or otherwise profit in any manner from the... View Article
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Texas Hold’em is a type of poker game. Oregon law allows for the use of this and similar games at Monte Carlo fundraising event. With Texas Hold’em, players are limited to spending no more than $500. This limit includes the... View Article
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With Monte Carlo, players compete against the house on contests of chance using purchased imitation money. The event encompasses casino-style gambling, using cards, dice and roulette wheels. Players wager and win imitation money, chips, or tokens, and no cash is... View Article
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A raffle is a form of lottery in which each participant buys a chance for a prize, and the winner is determined by a random drawing. As with all lotteries, a raffle includes the elements of consideration, chance and a... View Article
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Bingo is a game played on a purchased card printed with a grid of horizontal and vertical lines of numbers. Numbers are drawn from a receptacle holding no more than 90 numbers until there is a winner (or winners). Winners... View Article
Posted in on December 14, 2016
Only organizations exempt from paying federal income taxes may conduct charitable gaming events in Oregon. This includes public agencies and public schools. Private organizations qualify if they are active nonprofits. An organization must have held tax-exempt status for at least... View Article
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Charitable gaming regulated by the Oregon Department of Justice (DOJ) consists of bingo, raffle and Monte Carlo events in which the proceeds are used to fund the activities of tax-exempt nonprofit organizations. It does not include tribal casinos, which are... View Article