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(1) A person is guilty of gambling promotion if the person derives or intends to derive an economic benefit other than personal winnings from gambling or fringe gambling and:
(a) the person induces or aids another to engage in gambling or fringe gambling; or
(b) the person knowingly invests in, finances, owns, controls, supervises, manages, or participates in any gambling or fringe gambling.
(2) Gambling promotion is a class A misdemeanor, except that any person who is twice convicted under this section is guilty of a third degree felony.