Gambling
Game Theory
Long Island, Sign, Suffolk County, North Fork, New York, Bingo. Photo by CGP Grey used under the Creative Commons Attribution 2.0 Generic license.
Virginia law allows a not-for-profit charity to hold raffles and bingo games without a permit, if it grosses less than $40,000 per year from them. But there are still a lot of rules you have to follow. The Virginia Code requires that the proceeds of gaming be used only for ‘religious, charitable, community or educational purposes,’ and it specifically prohibits using them for ‘social or recreational activities.’ So you can’t use gaming proceeds to fund the ice cream social.
Please visit the latest issue of Valley Business Front August [PDF link] for more information about legal and illegal gaming.
And if you’re interested in learning more about gambling law in Virginia, join us at our next round of Shark Bites this month.
Latest Posts
August 2, 2017
July 31, 2017
June 19, 2017
June 19, 2017
June 19, 2017