1.1 	A bill for an act
1.2 	relating to gambling; allowing card clubs to conduct banked high-stakes card 
1.3 	games;amending Minnesota Statutes 2010, section 240.30, subdivision 8.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2010, section 240.30, subdivision 8, is amended to read:
1.6 		Subd. 8.Limitations. The commission may not approve any plan of operation 
1.7 	under subdivision 6 that exceeds any of the following limitations:
1.8 	(1) the maximum number of tables used for card playing at the card club at any one 
1.9 	time, other than tables used for instruction, demonstrations, or tournament play, may not 
1.10 	exceed 50 100. The table limit exception for tournament play is allowed for only one 
1.11 	tournament three tournaments per year that lasts each last for no longer than 14 days;
1.12 	(2) except as provided in clause (3), no wager may exceed $60 maximum bet 
1.13 	amounts and maximum buy-ins must be set by the commission and may only be changed 
1.14 	once per year by the commission;
1.15 	(3) for games in which each player is allowed to make only one wager or has a 
1.16 	limited opportunity to change that wager, no wager may exceed $300 in establishing 
1.17 	maximum bet amounts and buy-in amounts, the commission shall attempt to set levels that 
1.18 	would allow at least one table to operate with unlimited bets and shall set all betting and 
1.19 	buy-in limits at rates deemed to be competitive with those in neighboring states.

1.20 	EFFECTIVE DATE. This section is effective on July 1, 2011.