Items of bingo and raffle expense

  1. Law
  2. Arkansas Code
  3. Public Utilities and Regulated Industries
  4. Miscellaneous Regulated Industries
  5. Charitable Bingo and Raffles Enabling Act
  6. Bingo And Raffle Accounts
  7. Items of bingo and raffle expense

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  1. (a) Expenses that are reasonable and necessary to lawfully conduct games of bingo or raffles are allowable and include expenses incurred for:

    1. (1) Advertising, including the cost of printing bingo and raffle gift certificates;

    2. (2) Repairs to premises and equipment;

    3. (3) Bingo and raffle supplies and equipment;

    4. (4) Prizes;

    5. (5) Stated rental or mortgage and insurance expenses;

    6. (6) License fees; and

    7. (7) Bookkeeping or accounting services.

  2. (b) No person may be compensated for organizing, promoting, conducting, or otherwise administering a raffle or bingo event. Any such compensation is prohibited under this chapter and is not an allowable expense.


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