Louisiana Administrative Code › Title 42 - LOUISIANA GAMING › Part I - Charitable Bingo, Keno, Raffle › Subpart 1 - Bingo › Chapter 17 - Charitable Bingo, Keno and Raffle › Subchapter F - Progressive Bingo › Section I-1781 - Progressive Bingo [Formerly section 1789]

Current through Register Vol. 50, No. 6, June 20, 2024
A. Any licensed charitable organization or
					 organizations playing at the same location may deposit a predetermined amount
					 of money up to the limit set by
					 R.S.
					 4:732(A)(2) before each
					 licensed call bingo session into a special account in order to offer a jackpot
					 prize.
B. Participating
					 organizations may conduct up to two progressive bingo games which may be
					 conducted in conjunction with the organizations regular bingo games.
C. A progressive bingo jackpot consists of
					 all contributions made by participating organizations excluding the $200
					 start-up fee during the series of progressive bingo jackpot games.
D. A progressive bingo jackpot is won along
					 with the regular jackpot prize when a player achieves a predetermined bingo
					 pattern within a certain number of balls preapproved by the office. If no bingo
					 is achieved within the predetermined number of balls, the organization's
					 regular bingo game shall continue. The office may upon written request and
					 adequate justification issue a written approval allowing organizations to
					 increase the number of balls called to achieve a bingo.
E. If additional sheets are sold, they must
					 be sold at $2 per sheet for the play of the progressive bingo games. The cut
					 and configuration of sheets shall be established by the organization and shall
					 be approved by the office in writing prior to use.
F. Each participating organization shall
					 provide a startup fee of $200 at the commencement of a progressive bingo game
					 series for deposit into a charitable gaming progressive jackpot account. The
					 $200 start-up fee deposit shall remain in the account until the progressive
					 bingo games are discontinued by the organizations and shall be refundable upon
					 termination of the games or to any single organization withdrawing from the
					 games.
G. A separate checking
					 account shall be opened by the participating organizations and the commercial
					 or noncommercial lessor for the progressive bingo jackpot.
1. The account shall be in the name of
					 charitable gaming progressive jackpot account which shall be imprinted on all
					 checks. Checks from this account shall require two signatures.
2. The commercial or noncommercial lessor
					 shall designate a representative who shall make deposits of all monies
					 contributed to the progressive bingo jackpot by the close of bank business on
					 the next banking day and who shall be responsible for maintaining the
					 charitable gaming progressive jackpot account in accordance with generally
					 accepted accounting principles approved by the office.
3. Designated representatives of the
					 commercial or noncommercial lessor and each participating organization shall be
					 authorized signatories on the account and shall be in attendance at the
					 location at the conclusion of each respective organization's progressive bingo
					 games for the purpose of issuing a check bearing the signatures of the hall
					 representative and the organization representative from the special account to
					 the winner.
4. All banking fees and
					 costs shall be borne by the commercial or noncommercial lessor.