The Gambling Act 2003 and the Housie Rules replace the old Housie Regulations 1989. The Housie Rules apply to all housie, whether it is class 1, 2 or 3 gambling. This is as well as complying to the provisions in the Gambling Act 2003. Housie must comply with the Gambling Act (Housie) Game Rules 2004 (referred to here as the 'Housie Rules'). The effective maximum turnover for a class 2 housie session is therefore $7,143 (because 70 percent of $7,143 is $5,000, which is the maximum total value of prizes allowed in the session). Class 3 gambling requires a licence (class 1 and 2 do not need a licence).įor an introduction to the Gambling Act 2003 see Gambling - rules and regulations Housieįor housie, a minimum of 70 percent of turnover must be returned as prizes. Gambling where the total value of prizes for a session is more than $5,000. Total gambling turnover per session exceeds $500 and may be up to $25,000 and the total value of prizes per session exceeds $500 and may be up to $5,000. A society may not conduct more than one session per day. Has a limit of $500 on both the total turnover and on the total value of the prizes payable in any one session. These activities are placed into class 1, 2 or 3 depending on the level of money involved. Activities such as housie, raffles, lotteries and games of chance must comply with the Gambling Act 2003. Many community groups use some form of gambling to raise funds.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |