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Office of the Revisor of Statutes

SF 2930 Senate Long Description

Relating to gambling;

ARTICLE 1 - VIDEO LOTTERY TERMINALS

Authorizing and providing for the director of the state lottery to enter into
contracts with certain on-sale alcoholic beverage retailers for the placement
and maintenance of video lottery terminals on the premise; specifying certain procedures, restrictions and authorizing inspections without notice; defining or redefining certain terms; providing for the payment of investigation and background check costs relating to owning and operating the terminals and for retention of a certain percentage of net terminal income by lottery retailers as commission; requiring transmission of a portion to the licensed organizations conducting lawful gambling on the premises; restricting the expenditure of money received by licensed organizations from, net video lottery terminal income to lawful purposes; prohibiting local regulation; specifying certain lottery terminal specification requirements; limiting the amount allowed to be played and specifying a maximum prize amount; providing for testing and examination of the terminals; authorizing the director to deactivate the terminals without
notice for certain retailer violations; providing for the payment of video
lottery credit receipts; requiring retailer payment of unclaimed prizes to the
lottery; excluding winnings from tax or debt withholding requirements; requiring display on the terminals of the approximate odds of winning; specifying the win percentage for lottery prize fund deposit purposes; limiting the amount of net terminal income allowed to be spent for operation of the terminals; requiring the director to remit a certain percentage of net terminal income from the lottery operations account to be held in trust by the commissioner of human services in a compulsive gambling trust account to be used after a certain date; prohibiting play by minors; expanding the crime of state lottery fraud to certain credit receipt violations and to tampering with the terminals; exempting the terminals from the definition of gambling device for gambling crimes purposes; exempting gross receipts from operation of the terminals from the in
lieu sales tax; requiring the lottery director to submit a budget for the
operation of video lottery terminals to the commissioner of finance; repealing the pull tab and tipboard tax, the definition of gambling product, the combined receipts tax and untaxed gambling product assessments

ARTICLE 2 - ELECTRONIC LINKED BINGO

Providing for linked bingo on an electronic bingo device; modifying the use of an electronic bingo device; specifying gross profit allocation from the operation of an electronic bingo device; modifying certain definitions; specifying linked bingo prize amounts

ARTICLE 3 - ELECTRONIC PULL TABS

Authorizing gambling control board to adopt rules for electronic pull-tab games; requiring rules to follow guidelines allowed for the conduct of pull-tabs; specifying additional guidelines; requiring board to
examine prototypes of electronic pull-tab devices
(me)