What is needed to comply with the Bingo Act for fundraising?
Except for a few, limited, exceptions the Bingo Act requires a license for raffles, Millionaire Parties, Bingo and other games such as “Charity Games” and “Numeral Games”. Very strict requirements must be met before the state will issue a license. An applicant for a license must represent a “qualified organization”. Strict financial record keeping is mandated. The “principal officer of the organization” must sign the application, and, ultimately, must certify an accounting for all the money, resources and reports related to the game. The various reporting requirements are not trivial and require the signing individual to personally certify the accuracy of the information, prepare and handle various tax withholding documents, and file returns with the state. OGC recommends that you review the requirements carefully before making any decision on proceeding with a licensed game event. The application forms required by the state’s Charitable Gaming Division differ slightly depending upon t
