Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part I - Charitable Bingo, Keno, Raffle
Subpart 2 - Electronic Video Bingo
Chapter 19 - Electronic Video Bingo
Section I-1949 - Distributor's Payment to Organizations

Universal Citation: LA Admin Code I-1949

Current through Register Vol. 50, No. 9, September 20, 2024

A. The distributor shall pay no less than 45 percent of each machine's net win to the organizations which used the machine during the monthly reporting period.

B. Payment shall be made no less than monthly by check payable to the name of the organization.

C. Payment for the previous month shall be postmarked, or if hand delivered, received by the organization no later than midnight of the fifteenth day of the following month. If the fifteenth day is a weekend or state holiday, payment is due the next business day.

D. Repeated violations shall be cause for denial, suspension, or revocation of the license.

AUTHORITY NOTE: Adopted in accordance with R.S. 40:1485.4 and R.S. 33:4861.17.

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