Expenses paid from bingo and raffle account

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The following items of expenses incurred or paid in connection with the conduct of games of bingo or raffles must be paid from a licensed authorized organization's bingo and raffle account if the licensed authorized organization is required under § 23-114-501 to maintain such an account:

  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) Bookkeeping or accounting services; and

  7. (7) License fees.


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