(2) The department may license an organization to conduct one bingo game per county in not more than three counties provided that:
(a) The bingo games are conducted at a location in which the organization regularly conducts charitable program activities; and
(b) The organization has a cumulative annual handle from its bingo operation that does not exceed $250,000. [1987 c.914 §10; 1997 c.867 §10; 2005 c.355 §1]